Regional Roundup – Midwest

Accelent Systems Inc. of Akron, Ohio is raising just about $11.01 million through a private placement of Series B preferred stock. A minimum investment of $2.29 million is required. At the time of its SEC filing, the company had already raised just over $9.45 million from nine accredited investors. The inventor, designer, seller and provider of licenses for software and other high tech applications intends to use the proceeds from the offering for working capital, the purchase or leasing of equipment, the construction or leasing of facilities and the repayment of indebtedness.

Noteworthy Medical Systems Inc. of Mayfield Hts., Ohio is raising $10 million through a private placement of Series A preferred stock. There is a minimum investment required on the placement. At the time of its SEC filing, the company had already raised just over $7.04 million from 26 accredited investors. The provider of software development for computer-based patient record system intends to use the proceeds from the offering for working capital.

CorSolutions Medical Inc. of Buffalo Grove, Ill., raised approximately $6.82 million from 41 accredited and non-accredited investors through a private placement of common stock. The leading provider of chronic disease management services in the U.S. intends to use the proceeds from the offering for the acquisition of other businesses.

Control Diabetes Inc. of St. Louis is raising approximately $1.24 million from 13 accredited investors through a private placement of preferred stock. The company, which facilitates the exchange of diabetes-related information, intends to use the proceeds for working capital.