Keating Capital Terminates Letter of Intent with Industriaplex
Greenwood Village, Colorado - Keating Capital, Inc. announced today that on February 10, 2010, it terminated its letter of intent to serve as lead investor in a pre-public round of financing to Industriaplex, Inc.
The completion of the proposed transaction was subject to certain customary conditions, including but not limited to, the completion of satisfactory due diligence, the negotiation and execution of a definitive agreement, and consummation of the financing. Certain of these conditions were not met, and accordingly the letter of intent was terminated by Keating Capital.
About Keating Capital, Inc.
Keating Capital (www.KeatingCapital.com) is a business development company focused on making minority, non-controlling equity investments in private businesses that are seeking growth capital and are committed to, and capable of, becoming public.
Contact
For more information, please contact:
Keating Capital -- Kyle Rogers: (720) 889-0139