Coronado Biosciences Secures $15M Loan Facility (CNDO, ANGI)

** Coronado Biosciences (Nasdaq:CNDO) reported that it has entered into a $15.0 million secured loan facility, fully funded at closing, with Hercules Technology Growth Capital, Inc., a leader in customized debt financing for companies in life sciences and technology-related

Online PR News – 30-August-2012 – Las Vegas, NV – CNDO, Coronado Biosciences, Inc.

CNDO reported that it has entered into a $15.0 million secured loan facility, fully funded at closing, with Hercules Technology Growth Capital, Inc., a leader in customized debt financing for companies in life sciences and technology-related markets. The loan is repayable in installments over forty-two months, including an initial interest-only period of twelve months after closing. Subsequently, the principal, together with interest, will be repaid over the following 30 months. Pursuant to the loan agreement, CNDO issued Hercules a warrant to purchase 73,009 shares of CNDO common stock at an exercise price of $5.65 per share. CNDO is a biopharmaceutical company focused on novel immunotherapy biologic agents for autoimmune diseases and cancer. More about CNDO at www.coronadobiosciences.com

ANGI, Angie's List, Inc.

ANGI was upgraded from Perform to Outperform by Brokerage Firm Oppenheimer. ANGI helps consumers have happy transactions with local service professionals in more than 550 categories of service, ranging from home improvement to health care. More about ANGI at www.angieslist.com

In online advertising industry, it is easier for entrepreneurs to hit their target market directly and effectively. Websites, search engines, and social networks are there waiting for entrepreneurs to advertise themselves in. Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE’s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. CRWE’s division CRWE AD-Services (www.crwe-adservices.com), is a full service multimedia advertising company specializing in internet marketing. It provides modern and unique advertising campaigns, dedicated to offering the most cost effective advertising solutions. More about CRWE at www.crownequityholdings.com.

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