Griffin Serves as Advisor to Fiber-Span in its Capital Raise

Situation
Fiber-Span, LLC, a Branchburg, NJ, based provider of fiber optics and radio Distributed Antenna Systems (DAS) engaged Griffin Financial Group to assist in raising working capital to complete its existing and pending contracts, support its planned customer and geographic growth and advance its technology roadmap.

Solution
Fiber-Span issued convertible subordinated debt and convertible preferred stock totaling $7 million.