New Issue: Focus Enhancements raises $3.3 million from private placement of stock

By Sheri Kasprzak

New York, Nov. 4 - Focus Enhancements, Inc. said it has concluded a private placement for $3.3 million.

The company issued to accredited investors 5,018,248 shares at $0.6576 each.

The investors also received warrants for 1,254,562 shares, exercisable at $0.8505 each through Nov. 3, 2010.

Based in Campbell, Calif., Focus Enhancements develops personal computer-to-television video scan and networking products.

Issuer:	Focus Enhancements, Inc.
Issue:	Stock
Amount:	$3.3 million
Shares:	5,018,248
Price:	$0.6576
Warrants:	For 1,254,562 shares
Warrant expiration:	Nov. 3, 2010
Warrant strike price:	$0.8505
Settlement date:	Nov. 3
Stock price:	$0.83 at close Nov. 3

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