Crossroads Systems is seeking $11.88M to repay Fortress loans
Crossroads Systems Inc. (CRDS), the IP monetization company run by CEO Richard Coleman Jr., is trying to raise $11.88 million in part to repay debt issued to Fortress Investment Group (FIG) that has interfered with its ability to monetize some patents. The Austin, Texas based company on Nov. 6 filed an S1/A with the Securities [...]