Regional Roundup – Midwewst

Healthx Inc. of Indianapolis raised $800,000 from two accredited investors through a private placement of a Series D-1 convertible preferred stock. The provider of healthcare electronic services intends to use the proceeds from the offering for working capital. For more information, call Greg Bell, executive officer, at 317-843-3990.

NuDisCo Inc. of St. Louis has filed to raise $5 million through an issuance of a Series A preferred stock and warrants. At the time of its SEC filing, the company had already raised $499,950 from two accredited investors. The biotech company intends to use the proceeds from the offering for working capital. For more information, call the company at 314-983-9874.

CoolSavings Inc. of Chicago raised $2.8 million from one accredited investor through a Series B preferred stock round of financing. The provider of advertising and promotional services on the Internet intends to use the proceeds from the offering for working capital. For more information, call Matthew Moog, president and chief executive officer, at 312-224-5000.

PPS Inc. of Memphis, Tenn., has filed to raise $3.5 million through a Series C convertible preferred stock round of financing. At the time of its SEC filing, the company had already raised $3 million from 10 accredited and three non-accredited investors. The minimum investment of $50,000 can be waived. The holding company, which provides pharmacy management services to psychiatric and acute care hospitals and clinical trial management services to hospital and physician groups, intends to use the proceeds from the offering for debt repayment and working capital. For more information, call Donald Nickleson, president and chief executive officer, at 901-748-0470.

Versus Technology Inc. of Traverse City, Mich., raised $2.2 million from six accredited and one non-accredited investor. The company intends to use the proceeds from the offering for working capital. For more information, call Gary Gaisser, president and chief executive officer, at 231-946-5868.