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Yosen Group completes private placement of 1.6 million common shares
$5.45 million market cap company wraps sale on Dec. 24, 8-K reports
By Devika Patel
Knoxville, Tenn., Dec. 29 – Yosen Group, Inc. settled a private placement of stock on Dec. 24, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 1.6 million common shares. The closing share price of the company’s stock was $0.23 on Dec. 23 (OTCBB: YOSN).
The Hangzhou, China, company generates its revenue from the resale of electronic items. The company’s market capitalization is $5.45 million.
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