Offering consists of 30 million common shares sold at $0.10 per share
By Devika Patel
Knoxville, Tenn., Aug. 30 - Vyrian Inc. priced its $3 million initial public offering of stock in a Form S-1 filed Thursday with the Securities and Exchange Commission.
The company will sell 30 million common shares at $0.10 per share on a self-underwritten, best-efforts basis.
The company seeks to trade its shares on the OTCBB.
Proceeds will be used for capital expenditures and working capital.
The electronics parts manufacturer is based in Houston.
| Issuer: | Vyrian Inc.
|
| Issue: | Common stock
|
| Amount: | $3 million
|
| Shares: | 30 million
|
| Price: | $0.10
|
| Warrants: | No
|
| Pricing date: | Aug. 30
|
| Stock exchange: | OTCBB
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
