Rightscorp, Inc. (OTCPK:RIHT) announced that it has entered into a securities purchase agreement for 10,000,000 common shares at $0.05 per share with accredited investors for gross proceeds of $500,000 on February 22, 2016. The company also issued warrants to purchase 10,000,000 common stock at $0.10 per share for three years. The company has issued securities pursuant to exemption provided under Regulation D.