Offering sells 222,000 common shares at $1.25 each, a 58.33% discount
By Devika Patel
Knoxville, Tenn., Aug. 20 - Talon Real Estate Holding Corp. completed a $277,500 private placement of stock on Aug. 20, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 222,000 common shares at $1.25 apiece. The price per share is a 58.33% discount to the Aug. 19 closing share price of $3.00.
The real estate investment company is based in Minneapolis.
| Issuer: | Talon Real Estate Holding Corp.
|
| Issue: | Common stock
|
| Amount: | $277,500
|
| Shares: | 222,000
|
| Price: | $1.25
|
| Warrants: | No
|
| Settlement date: | Aug. 20
|
| Stock symbol: | OTCBB: TALR
|
| Stock price: | $3.00 at close Aug. 19
|
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