Lighting Sciences Group Receives $20M Investment

Lighting Science Group Corporation (OTCBB: LSCG), one of the world’s premier LED lighting companies, announced today that it has closed a $20 million preferred stock financing led by affiliates of Pegasus Capital Advisors, L.P. (“Pegasus”) with participation from Riverwood Capital Partners, L.P. (“Riverwood”), the Company’s two largest shareholders. The Company received $17.4 million of the funds at the closing of the financing and has received a commitment to fund the balance of $2.6 million. The funding will be used to finance the Company’s growth and solidify its leadership position in the LED lighting marketplace, with a strong focus on the Company’s technology platforms and product innovations.

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