Company sells 4.1 million common shares at $0.10 per share in offering
By Devika Patel
Knoxville, Tenn., Feb. 5 - Wally World Media Inc. raised $410,000 in a private placement of stock on Jan. 27, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 4.1 million common shares at $0.10 apiece. The price per share is an 81.82% discount to the Jan. 24 closing share price of $0.55.
The New Brunswick, N.J., company is building an internet crowdsourcing, virtual and micro-service network.
| Issuer: | Wally World Media Inc.
|
| Issue: | Common shares
|
| Amount: | $410,000
|
| Shares: | 4.1 million
|
| Price: | $0.10
|
| Warrants: | No
|
| Settlement date: | Jan. 27
|
| Stock symbol: | OTCBB: WLYW
|
| Stock price: | $0.55 at close Jan. 24
|
| Market capitalization: | $15.2 million
|
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