Patent Properties

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Patent Properties
For more information regarding this transaction contact:
  • Mike Townley Investment Banking 213.536.0241

Patent Properties, Inc.

Lake Street Capital Markets is pleased to announce it served as co-placement agent for Patent Properties, Inc. (OTC:PPRO), an intellectual property monetization company, in its private placement of 3,860,616 shares of common stock at $3.00 per share.  Gross proceeds totaled $11.6 million.

About Patent Properties

Patent Properties develops, enforces and commercializes the patent and other intellectual property assets created by Walker Digital, LLC, the research and development lab led by internationally recognized inventor and entrepreneur Jay Walker.  All of the patents owned by the Company were developed internally by Walker Digital, LLC, with Jay Walker as named inventor on all issued patents and the lead inventor on the vast majority.


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