CUI Global, Inc. Announces Close of $10,000,000 Equity Raise

TUALATIN, Ore., Feb. 29, 2012 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that the company has closed on its $10,000,000 raise with the assistance of its US Investment Banker, Merriman Capital, Inc. (OTCQX: MERR) and its London advisor, Prosdocimi Ltd. The proceeds of the raise will be used by the company for working capital; to pay down and retire certain cor...continued CUI MERR  investment Merriman bank

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