ChromaDex Corp. (CDXC)

[stockspirit]

Securities offered by ChromaDex

1,117,022 shares of common stock

Offering price at $4.70 per share.

Use of proceeds

"We intend to use $4,857,948.52 of the net proceeds from the offering to retire in full our outstanding indebtedness owed to Hercules Technology II, L.P. We will use the remaining net proceeds for general corporate purposes."

I think this is great use of the funds. Get rid of debt and the interest expense that goes along with it. I hope Frost buys the offering or an institution that would become another of our long term holders. JMO