Decisionpoint Systems $3,830,000 Series E Convertible Preferred Shares - November 2013

DecisionPoint designs, deploys and supports mobile computing and wireless systems for integrating mobile systems and supply chain systems. It provides products and services to a wide range of industries that includes manufacturing, retail, wholesale and transportation, warehousing and logistics.

DecisionPoint Systems Inc announced that it has raised $3.83 million in gross proceeds from institutional and accredited investors through a private placement of 383,000 shares of 10% Series E convertible preferred stock, with a stated value of $10.00 per share. The transaction was done through Taglich Brothers.

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