Investor Stewart J. Greenebaum buys 1 million shares at $1.00 each
By Devika Patel
Knoxville, Tenn., June 29 - Lightning Gaming, Inc. completed a $1 million private placement of stock with Stewart J. Greenebaum, LLC on June 23, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 1 million common shares at $1.00 apiece.
The investor also received warrants for 1 million shares, which are exercisable at $1.00 until April 12, 2016.
Based in Boothwyn, Pa., Lightning Gaming is a private company that develops, manufactures, markets and sells electronic poker tables.
Issuer: | Lightning Gaming, Inc.
|
Issue: | Common stock
|
Amount: | $1 million
|
Shares: | 1 million
|
Price: | $1.00
|
Warrants: | For 1 million shares
|
Warrant expiration: | April 12, 2016
|
Warrant strike price: | $1.00
|
Investor: | Stewart J. Greenebaum, LLC
|
Settlement date: | June 23
|
© 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.