By Devika Patel
Knoxville, Tenn., April 18 - Omega United, Inc. will take in $10 million from a private placement of stock, which settled on April 15, according to an 8-K filed Friday with the Securities and Exchange Commission.
On April 15, the company issued 29 million common shares in exchange for all of the outstanding common shares of SkyPostal, Inc.
The company has issued 10,360,000 common shares to a group of investors who bought an equal number of SkyPostal stock in a March 1 private placement. So far, the company has received $5.18 million of the amount owed.
Omega United is based in Miami, Fla.
| Issuer: | Omega United, Inc.
|
| Issue: | Common stock
|
| Amount: | $10 million
|
| Shares: | 10,360,000
|
| Warrants: | No
|
| Pricing date: | April 15
|
| Stock symbol: | OTCBB: OMGA
|
| Stock price: | $0.95 at close April 17
|
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