Merriman Holdings Inc. : MERRIMAN CAPITAL SERVED AS CO-MANAGER IN FOLLOW-ON
OFFERING FOR CUI GLOBAL, INC.
SAN FRANCISCO - April 25, 2013 - Merriman Capital, Inc., a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX:MERR), announced today that it
acted as co-manager for CUI Global, Inc.'s (NASDAQ: CUI) $42 million follow-on
offering that was priced on April 12^th, 2013.
"We are pleased to have acted as co-manager in CUI's follow-on offering,"
commented Jon Merriman, CEO. "The proposed acquisition of Orbital-UK is
transformative. The company has come a very long way since we began working
with them two years ago."
William Clough, CUI Global's president & CEO stated, "Jon Merriman and his
team have been involved with the company for several years and were
instrumental in managing our first equity raise, which resulted in our
uplisting to the NASDAQ Stock Market. That raise and listing placed us in the
position to acquire Orbital-UK and successfully complete this follow-on
"As co-managers in this follow-on offering, Jon, David Lachtman, and the rest
of the Merriman staff proved invaluable in putting this deal together. Their
expertise, advice and networks were, and are, greatly appreciated by my
company and by me personally," Clough concluded.
About CUI Global, Inc.
CUI Global, Inc., through its subsidiaries, engages in the acquisition,
development, and commercialization of electronic technologies/products. It
offers power supply units, including V-Infinity power products, such as
external and embedded ac-dc power supplies, dc-dc converters, and basic
digital point of load modules; Novum power products comprising digital point
of load dc-dc converters and NDM2 modules; and NQB2060 Novum quarter brick bus
converters, as well as Solus power topology, a patented power topology for
designing power circuits. The company also provides test and measurement
products consisting of Vergence GasPT2, a natural gas inferential metering
device for measuring natural gas quality; and electronic components, which
include connectors, speakers, and buzzers, as well as control solutions, such
as encoders and sensors. In addition, CUI Global, Inc. manufactures and sells
embedded and external power electronics devices for original equipment
manufacturers. It serves the consumer electronics, defense, and alternative
energy industries. The company was formerly known as Waytronx, Inc. and
changed its name to CUI Global, Inc. in January 2011. CUI Global, Inc. was
founded in 1998 and is based in Tualatin, Oregon.
About Merriman Capital, Inc.
Merriman Capital, Inc. is an investment banking firm providing equity and
options execution services, market making, and differentiated research for
high growth companies. The firm also provides capital raising, advisory, and
M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman
Holdings, Inc. (OTCQX: MERR) and is the leading investment banking firm for
OTCQX companies. For more information, please go to
Merriman Capital, Inc. is a registered broker-dealer and member of The
Financial Industry Regulatory Authority (FINRA) http://www.finra.org/and the
Securities Investor Protection Corporation (SIPC)http://www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our
current expectations, forecasts and assumptions that involve risks and
uncertainties. This release does not constitute an offer to sell or a
solicitation of offers to buy any securities of the Company. Forward-looking
statements in this release are based on information available to us as of the
date hereof. Our actual results may differ materially from those stated or
implied in such forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors disclosed in our
Form 10-K filed on April 10, 2013 . Forward-looking statements include
statements regarding our expectations, beliefs, intentions or strategies
regarding the future and can be identified by forward-looking words such as
"anticipate," "believe," "could," "estimate," "expect," "intend," "may,"
"should," and "would" or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise. The Form 10-K filed on April 1, 2013,
together with this press release and the financial information contained
herein, are available on our website, www.merrimanco.com. Please click on
# # #
At the Company:
Merriman Capital, Inc.
Chief Compliance Officer
Merriman Capital, Inc.
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information contained therein.
Source: Merriman Holdings Inc. via Thomson Reuters ONE
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