Silicon Bay Partners Announces Private Placement of $1,000,000 of Convertible Notes

By: Silicon Bay Partners, Inc.
 
SACRAMENTO, Calif. - March 6, 2015 - PRLog -- Silicon Bay Partners, Inc. (the "Company"), a holding company established to acquire and develop new leading edge technologies as well as promising early growth stage companies within the Software, Internet, Mobile Applications, and Real Estate sectors, today announced that it has entered into a definitive agreement to issue $1,000,000 of convertible notes.

The notes are convertible, at the holder's option, into shares of the Company's preferred stock.

Proceeds will be used for product development, working capital and general corporate purposes.

For more information, contact Silicon Bay Partners, Inc. or visit www.siliconbaypartners.com.

About Silicon Bay Partners, Inc.
Silicon Bay Partners is a holding company established to acquire and develop new leading edge technologies as well as promising early growth stage companies within the Software, Internet, Mobile Applications, and Real Estate sectors. The firm seeks to own a meaningful stake in unique startups, while assisting our partners in building great businesses that consistently outperform their peers.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Silicon Bay Partners, Inc. nor shall there be any sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Contact
Randy Hucks
***@siliconbaypartners.com
End
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Tags:Private Placement, Finance, Technology, Convertible Notes
Industry:Banking, Technology
Location:Sacramento - California - United States
Subject:Events
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Page Updated Last on: Aug 07, 2015



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