Published on 4/28/2008 in the Prospect News PIPE Daily.
New Issue: Secured Digital Storage secures $2.15 million placement of stock
By Devika Patel
Knoxville, Tenn., April 28 - Secured Digital Storage Corp. arranged and completed a $2.15 million private placement of shares on April 22, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 2,681,375 common shares at $0.80 per share.
Downers Grove, Ill.-based Secured Digital Storage provides fully managed digital storage services.
| Issuer: | Secured Digital Storage Corp.
|
| Issue: | Common stock
|
| Amount: | $2,145,100
|
| Shares: | 2,681,375
|
| Price: | $0.80
|
| Warrants: | No
|
| Pricing date: | April 22
|
| Settlement date: | April 22
|
| Stock symbol: | OTCBB: SDGS
|
| Stock price: | $4.00 at close April 22
|
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