Company sells 666,667 shares at $0.75 each to four investors in deal
By Devika Patel
Knoxville, Tenn., Aug. 30 - Aviana Corp. completed a $500,000 private placement of stock with four investors on Aug. 27, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 666,667 common shares at $0.75 apiece, which is a 62.5% discount to the $2.00 closing price of the stock on Aug. 29.
The New York company provides consulting services.
| Issuer: | Aviana Corp.
|
| Issue: | Common stock
|
| Amount: | $500,000
|
| Shares: | 666,667
|
| Price: | $0.75
|
| Warrants: | No
|
| Announcement date: | Aug. 30
|
| Settlement date: | Aug. 27
|
| Stock symbol: | OTCBB: AVIA
|
| Stock price: | $2.00 at close Aug. 29
|
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