New Issue: Liberator Medical raises $7 million through private placement of stock

By Devika Patel

Knoxville, Tenn., March 10 - Liberator Medical Holdings, Inc. said it settled a $7 million private placement of stock via agent Littlebanc Advisors, LLC.

The company sold 4,666,667 common shares to a single investor on March 9.

Based in Stuart, Fla., Liberator Medical's subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors.

Issuer:	Liberator Medical Holdings, Inc.
Issue:	Common stock
Amount:	$7 million
Shares:	4,666,667
Warrants:	No
Agent:	Littlebanc Advisors, LLC
Settlement date:	March 9
Stock symbol:	OTCBB: LBMH
Stock price:	$1.98 at close March 9
Market capitalization:	$71.3 million

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