Crossroads Capital, Inc. (XRDC): Richard W. Cohen , director of Crossroads Capital, Inc. purchased 14,687 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.12 per share for a total value of $31,136.44 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Ben H Harris (CEO) purchased 14,200 shares at $2.64 per share price.On Apr 4, 2016, David Michael Hadani (CFO) purchased 2,000 shares at $2.64 per share price.Also, On Jan 5, 2016, Richard W. Cohen (director) purchased 2,500 shares at $3.17 per share price.
Crossroads Capital Inc. formerly BDCA Venture Inc. is a closed-end fund regulated as a business development company under the 1940 Act. The Fund’s investment objective is to maximize total return by generating current income from debt investments and to a lesser extent capital appreciation from equity and equity-related investments. Its investment strategy focuses on making secured and unsecured debt investments in companies. It may also invest in equity or equity-related investments alongside debt investments. The Fund will primarily focus on companies in the technology healthcare life sciences and energy industries. The Fund intends to primarily make debt investments in privately held growth companies across various stages of development including early later and growth stage companies as well as lower middle market companies.