By Devika Patel
Knoxville, Tenn., Aug. 3 - Mymetics Corp. has raised $1.65 million in a private placement of stock, according to a form 8-K filed with the Securities and Exchange Commission Friday.
The company sold 5.5 million restricted shares to Hazuna Ltd. at $0.30 per share.
Mymetics is a Nyon, Switzerland-based biotechnology research and development company focused on developing vaccines and therapies for retroviruses, including HIV.
| Issuer: | Mymetics Corp.
|
| Issue: | Stock
|
| Amount: | $1.65 million
|
| Shares: | 5.5 million
|
| Price: | $0.30
|
| Warrants: | No
|
| Investor: | Hazuna Ltd.
|
| Stock symbol: | OTCBB: MYMX
|
| Stock price: | $0.13 at close Aug. 3
|
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