- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
Harris & Harris Group, Inc., (NASDAQ: TINY) today announced the closing of a new $10 million revolving credit facility with TD Bank, N.A. to be used in conjunction with its investments in venture debt. The facility, which matures on February 24, 2014, generally bears interest, at Harris & Harris Group's option, based on (1) LIBOR plus 1.25% or (2) the higher of the federal funds rate plus fifty basis points (0.50%) or the U.S. prime rate as published in the Wall Street Journal. Harris & Harris Group does not plan to use this credit facility in conjunction with any private venture capital equity investments.
About Harris & Harris Group
Harris & Harris Group is a publicly traded venture capital company that invests in nanotechnology and microsystems.
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009, as well as subsequent filings, filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including but not limited to the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The reference to the website www.HHVC.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.
For more information, please click here
1450 Broadway, 24th Floor
New York, NY 10018
Phone: 212 582 0900
Fax: 212 582 9563
Copyright © Harris & Harris GroupIf you have a comment, please Contact us.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
News and information
World's quietest gas lets physicists hear faint quantum effects August 4th, 2015
Tel Aviv/Tsinghua University project uses crowd computing to improve water filtration: The research, a product of the new TAU-Tsinghua XIN Center, was conducted by 150,000 volunteers at IBM's World Community Grid July 6th, 2015
Nanometrics Announces Upcoming Investor Events July 28th, 2015
Artificial blood vessels become resistant to thrombosis August 4th, 2015
Engineering a better 'Do: Purdue researchers are learning how August 4th, 2015
Proving nanoparticles in sunscreen products August 4th, 2015
Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015