Company director Leon Wagner buys series G preferred stock in units
By Devika Patel
Knoxville, Tenn., May 7 - Lighting Science Group Corp. raised $2 million in a private placement of its preferred stock units with company director Leon Wagner on May 2, according to an 8-K filed Monday with the Securities and Exchange Commission.
Lighting Science sold 2,000 units of one series G preferred and 83 common shares at $1,000.00 per unit.
The Satellite Beach, Fla.-based company makes lighting devices and systems that use light-emitting diodes as the light source.
| Issuer: | Lighting Science Group Corp.
|
| Issue: | Units of one series G preferred share and 83 common shares
|
| Amount: | $2 million
|
| Units: | 2,000
|
| Price: | $1,000.00
|
| Warrants: | No
|
| Investor: | Leon Wagner
|
| Settlement date: | May 2
|
| Stock symbol: | OTCBB: LSCG
|
| Stock price: | $1.15 at close May 1
|
| Market capitalization: | $237.96 million
|
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