New Issue: SOKO Fitness and Spa completes $10 million private placement of shares

By Devika Patel

Knoxville, Tenn., April 30 - SOKO Fitness and Spa Group Inc. settled a non-brokered private placement of stock for about $10 million on April 29, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 3,125,000 common shares.

Guerrilla Partners, LP, Hua-Mei 21st Century Partners, LP and James J. Fuld, Jr. IRA participated as investors.

The Harbin, China, company operates destination centers in the Northeast region of the People's Republic of China that offer professional fitness and yoga services, as well as beauty salon and spa services.

Issuer:	SOKO Fitness and Spa Group Inc.
Issue:	Common stock
Amount:	$10 million (approximate)
Shares:	3,125,000
Warrants:	No
Agent:	Non-brokered
Investors:	Guerrilla Partners, LP, Hua-Mei 21st Century Partners, LP and James J. Fuld, Jr. IRA
Settlement date:	April 29
Stock symbol:	OTCBB: SOKF
Stock price:	$4.65 at close April 29

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.