Company offers 10 million restricted common shares at $0.01 apiece
By Devika Patel
Knoxville, Tenn., April 3 - Energy Edge Technologies Corp. raised $100,000 in a private placement of stock on April 1, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 10 million restricted common shares at $0.01 apiece. The per-share price represents a 75% discount to the March 28 closing share price of $0.04.
The energy engineering and services company is based in Bridgewater, N.J.
| Issuer: | Energy Edge Technologies Corp.
|
| Issue: | Restricted common stock
|
| Amount: | $100,000
|
| Shares: | 10 million
|
| Price: | $0.01
|
| Warrants: | No
|
| Settlement date: | April 1
|
| Stock symbol: | OTCBB: EEDG
|
| Stock price: | $0.04 at close March 28
|
| Market capitalization: | $3.08 million
|
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