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Published on 3/8/2007 in the Prospect News PIPE Daily.

New Issue: Helix BioMedix raises $2 million from stock offering

By Sheri Kasprzak

New York, March 8 - Helix BioMedix, Inc. wrapped a private placement of stock for $2 million.

The company sold 2,666,666 shares at $0.75 each.

Based in Bothell, Wash., Helix develops bioactive peptides used in skin care products.

Issuer:Helix BioMedix, Inc.
Issue:Stock
Amount:$2 million
Shares:2,666,666
Price:$0.75
Warrants:No
Settlement date:March 5
Stock symbol:OTCBB: HXBM
Stock price:$0.78 at close March 5

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