Offering sells 125,000 restricted common shares at $3.00 per share
By Devika Patel
Knoxville, Tenn., May 13 – Trycera Financial Inc. completed a $375,000 private placement of stock on May 12, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 125,000 restricted common shares at $3.00 per share, which is a 200% premium to the May 11 closing share price of $1.00.
The Newport Beach, Calif., company offers financial products and services.
| Issuer: | Trycera Financial Inc.
|
| Issue: | Restricted common shares
|
| Amount: | $375,000
|
| Shares: | 125,000
|
| Price: | $3.00
|
| Warrants: | No
|
| Settlement date: | May 12
|
| Stock symbol: | OTCBB: TRYF
|
| Stock price: | $1.00 at close May 11
|
| Market capitalization: | $9.36 million
|
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