Published on 7/29/2010 in the Prospect News PIPE Daily.
New Issue: ANV Security nets $6.98 million through private placement of shares
By Devika Patel
Knoxville, Tenn., July 29 - ANV Security Group, Inc. began a private placement of stock for net proceeds of $6.98 million on May 8, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 14.74 million common shares.
The developer and manufacturer of technology products is based in Shenzhen, China.
Issuer: | ANV Security Group, Inc.
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Issue: | Common stock
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Amount: | $6,979,250 (net)
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Shares: | 14.74 million
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Warrants: | No
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Pricing date: | May 8
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Stock symbol: | OTCBB: ANVS
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Stock price: | $1.05 at close May 7
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