DomiKnow, Inc. (OTCPK:DMNO) announced a private placement of 295,200 convertible preferred A shares at a price of $30.53 per share for gross proceeds of $9,012,456 in the second quarter of 2013. The notes are convertible into common shares of the company at a conversion price of $0.31 per share for a period of 36 months from the date of issuance. The company also issued warrants to purchase 31,036,064 common shares of the company $18,025,140 at an exercise price from $0.25 to $1.92 per share for a period of eight years from the date of closing of the transaction. The transaction included participation from nine qualified investors.

In the second quarter of 2013, DomiKnow, Inc. closed the transaction.