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Subsequent Events
12 Months Ended
Sep. 30, 2003
Subsequent Events

NOTE 14. SUBSEQUENT EVENTS

On October 11, 2013, the Company closed a securities offering with certain institutional investors (the “Purchasers”), pursuant to which the Company sold 3,071,672 shares of common stock, (the “Shares”), at a purchase price of $5.86 per share, and 46,000 shares of Series C Convertible Preferred Stock (the “Preferred Shares”), at a purchase price of $1,000 per share. The Preferred Shares are convertible into shares of common stock at a conversion price of $5.86 per share of common stock. The aggregate purchase price paid by the Purchasers for the Shares and Preferred Shares was $64 million and the Company received net proceeds of approximately $60 million, after advisory fees and offering expenses.