Company sells 60,000 shares at $6.00 per share to investor O.R.C.
By Devika Patel
Knoxville, Tenn., Nov. 27 - HPIL Holding completed a $360,000 private placement of stock with O.R.C. SRL on Nov. 27, according to an 8-K filed Wednesday with the Securities and Exchange Commission. The deal priced Nov. 20.
The company sold 60,000 common shares at $6.00 per share, which is identical to the Nov. 19 closing share price.
HPIL Holding is a holding company in Saginaw, Mich.
| Issuer: | HPIL Holding
|
| Issue: | Common stock
|
| Amount: | $360,000
|
| Shares: | 60,000
|
| Price: | $6.00
|
| Warrants: | No
|
| Investor: | O.R.C. SRL
|
| Pricing date: | Nov. 20
|
| Settlement date: | Nov. 27
|
| Stock symbol: | OTCBB: HPIL
|
| Stock price: | $6.00 at close Nov. 19
|
| Market capitalization: | $396.7 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
