By Sheri Kasprzak
New York, May 9 - Crdentia Corp. settled a $200,000 tranche of its planned $5 million private placement.
The company sold 333,333 shares at $0.60 each to MedCap Partners LP in the tranche.
So far, the company has raised $2.88 million in the offering, which has been ongoing since February.
The offering will close in multiple tranches through May 25, according to an 8-K the company filed Wednesday with the Securities and Exchange Commission.
Crdentia, based in Dallas, is a health care staffing service.
| Issuer: | Crdentia Corp.
|
| Issue: | Stock
|
| Amount: | $200,000
|
| Shares: | 333,333
|
| Price: | $0.60
|
| Warrants: | No
|
| Investor: | MedCap Partners LP
|
| Settlement date: | May 8
|
| Stock symbol: | OTCBB: CRDT
|
| Stock price: | $0.40 at close May 8
|
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