Published on 3/6/2007 in the Prospect News PIPE Daily.
New Issue: Altair Nanotechnologies closes $3 million placement of shares
By Sheri Kasprzak
New York, March 6 - Altair Nanotechnologies Inc. wrapped a private placement of stock for $3 million.
The company sold 895,523 shares to The AES Corp. at $3.35 each.
Altair, based in Reno, Nev., is a ceramic nano-materials supplier.
Issuer: | Altair Nanotechnologies Inc.
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Issue: | Stock
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Amount: | $3 million
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Shares: | 895,523
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Price: | $3.35
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Warrants: | No
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Investor: | The AES Corp.
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Settlement date: | March 2
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Stock symbol: | Nasdaq: ALTI
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Stock price: | $3.50 at close March 2
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