LKP Global Law, LLP closes $16.4 million Series C Preferred Stock financing and $6.1 million debt facility for Ostendo Technologies, Inc.

February 01, 2011 at 1:54 AM

LKP Global Law, LLP closes $16.4 million Series C Preferred Stock financing and $6.1 million debt facility for Ostendo Technologies, Inc.

Osterondo TechnologiesCentury City, CA (February 1, 2011) - LKP Global Law, LLP today announced that it closed a $16.4 million Series C Preferred Stock financing and a $6.1 million debt facility for its client, Ostendo Technologies, Inc. Ostendo develops next generation Solid State Lighting (SSL)-based display technologies and products for commercial and consumer markets with the objective to achieve efficiencies and cost effectiveness at the material, the device and the system levels. LKP Global Law partner, Young Jun Kim, acted as lead counsel for Ostendo in this transaction.



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