Investor PCA LSG purchases series G preferreds, common stock in units
By Devika Patel
Knoxville, Tenn., May 24 - Lighting Science Group Corp. took in $2 million in a private placement of its preferred stock units with PCA LSG Holdings, LLC on May 18, according to an 8-K filed Thursday with the Securities and Exchange Commission.
Lighting Science sold 2,000 units of one series G preferred and 83 common shares at $1,000 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
|
| Warrants: | No
|
| Investor: | PCA LSG Holdings, LLC
|
| Settlement date: | May 18
|
| Stock symbol: | OTCBB: LSCG
|
| Stock price: | $1.40 at close May 17
|
| Market capitalization: | $314.9 million
|
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