HII Technologies, Inc. Raises $4 Million in Private Placement
HOUSTON, TX--(Marketwired - July 08, 2014) - HII Technologies, Inc. (OTCQB: HIIT) ("HII Technologies" or the "Company"), today announced the successful completion of its $4 million private placement of units consisting of Series A convertible preferred stock ("Series A Preferred") and warrants to accredited investors. The net proceeds of approximately $3.87 million (after deducting placement agent fees and commissions and offering expenses) will be used for working capital and to fund future growth opportunities.
