By Devika Patel
Knoxville, Tenn., Aug. 21 - Techalt, Inc. said it has entered into a $1 million two-year committed equity financing facility.
Techalt can access up to $1 million from the investor and may not issue more than 190 million shares under this agreement.
Based in Seattle, Techalt is a holding company dedicated to acquiring, licensing and financing start-up and mid-stage companies.
| Issuer: | Techalt, Inc.
|
| Issue: | Committed equity financing facility
|
| Amount: | $1 million
|
| Shares: | 190 million (maximum)
|
| Tenor: | Two years
|
| Warrants: | No
|
| Settlement date: | Aug. 21
|
| Stock symbol: | Pink Sheets: TCLT
|
| Stock price: | $0.0002 at close Aug. 20
|
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