By Sheri Kasprzak
Atlanta, April 21 - KMG Chemicals Inc. said it has wrapped a private placement of stock for $6 million.
The company sold 1.2 million shares at $5.00 each to Tontine Capital Partners LP and Terrier Partners LP.
Based in Houston, KMG produces and distributes specialty chemicals.
| Issuer: | KMG Chemicals Inc.
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| Issue: | Stock
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| Amount: | $6 million
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| Shares: | 1.2 million
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| Price: | $5.00
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| Warrants: | No
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| Investors: | Tontine Capital Partners LP; Terrier Partners LP
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| Settlement date: | April 21
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| Stock price: | $5.96 at close April 21
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