When contemplating a capital raise, consider the following advantages of the PIPE structure and process

	Less disruption to stock prices. Through a careful selection of investors, flexible terms are quickly and privately negotiated, alleviating market speculation.
	Confidentiality. Not publicly announced until after the issuer has secured financing, preserving confidentiality.
	Less executive management time required. Private transactions take less of top management’s time than is required of them when doing a public offering; i.e., no road shows or lengthy due diligence.
	Funding is expedited. A private placement transaction can be completed within three to six weeks, while public offerings can take as much as six months.
	Reduced expenses. The expense required to complete a private placement can be substantially less than that needed to complete a public offering.
	Structured to mitigate difficult market conditions. Private placements are negotiated directly with an investor, allowing the parties to directly address issues such as the impact of bad news, depressed stock price, low volume or high short-sale activity.
	Ability to incorporate future valuation events. Transactions can take advantage of anticipated future valuation events such as product approvals, alliances or new product introductions.

Benefits of working with Biscayne to market and execute your PIPE financing

	More efficient use of management time
	Access a large but focused investor audience
	Achieve the best combination of price and terms for shareholders
	Manage the negotiation process to a successful closure
	Success fee only, the only fees paid are upon the successful closing of a transaction