On November 17, 2014, Dataram Corporation and certain institutional investors, including Isaac Capital Group, as lead investor, closed a securities purchase agreement , pursuant to which the Company agreed to sell up to an aggregate of 1,300,000 shares of its Series A Preferred Stock , together with warrants to purchase shares of common stock, to such investors at a price of $5.00 per share . The sale of the Series A Stock will take place in multiple tranches.