Hercules took 688k shares at exercise of 2.18 if that says anything. This company is going to be one of the best investments of 2013 in my opinion, massive rebound coming here
Pursuant to the loan agreement, the Company issued Hercules a warrant to purchase 688,073 shares of OCZ Technology common stock at an exercise price of $2.18 per share. In addition to the term loan, the Company has access to a $10 million revolving loan facility which shall be repaid in full in April 2016. An additional $5 million of revolving loan facility will be available to the Company upon achieving certain financing covenants.