Published on 6/9/2014 in the Prospect News PIPE Daily.
Lucid takes in $200,000 through private placement of its common stock
200,000 shares sold to CEO L. Michael Hone at $1.00 per share in deal
By Devika Patel
Knoxville, Tenn., June 9 – Lucid, Inc. completed a $200,000 private placement of stock with its director and chief executive officer L. Michael Hone on June 5, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 200,000 common shares at $1.00 apiece.
The private medical device and information technology company is based in Rochester, N.Y.
Issuer: | Lucid, Inc.
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Issue: | Common stock
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Amount: | $200,000
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Shares: | 200,000
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Price: | $1.00
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Warrants: | No
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Investor: | L. Michael Hone
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Settlement date: | June 5
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