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OCZ Technology Group Inc Message Board

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  • fritzrec fritzrec Nov 14, 2012 10:38 AM Flag

    No idea what to expect.

     

    Definition of 'Private Investment in Public Equity - PIPE'
    A private investment firm's, mutual fund's or other qualified investors' purchase of stock in a company at a discount to the current market value per share for the purpose of raising capital. There are two main types of PIPEs - traditional and structured. A traditional PIPE is one in which stock, either common or preferred, is issued at a set price to raise capital for the issuer. A structured PIPE, on the other hand, issues convertible debt (common or preferred shares).

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