Company to sell 6 million common shares on a self-underwritten basis
By Devika Patel
Knoxville, Tenn., Jan. 10 - Halex Energy Corp. priced a $3 million initial public offering of stock in a Form S-1 filed Thursday with the Securities and Exchange Commission.
The company will sell 6 million common shares at $0.50 apiece on a self-underwritten basis.
Proceeds will be used for development and operation of the company's power plants.
The renewable energy company is based in Reno, Nev.
| Issuer: | Halex Energy Corp.
|
| Issue: | Common stock
|
| Amount: | $3 million
|
| Shares: | 6 million
|
| Price: | $0.50
|
| Warrants: | No
|
| Pricing date: | Jan. 10
|
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