Investors are Raymond C. Stachowiak, John Ruffle and Stanley Trotman
By Devika Patel
Knoxville, Tenn., June 13 – American Shared Hospital Services said it settled a $1.58 million private placement of stock with directors Raymond C. Stachowiak, John Ruffle and Stanley Trotman. The deal priced June 11.
The company sold 650,000 common shares at $2.43 apiece, which is identical to the June 10 closing share price.
The San Francisco company provides Gamma Knife stereotactic radiosurgery equipment and radiation therapy and related equipment to medical centers.
| Issuer: | American Shared Hospital Services
|
| Issue: | Common stock
|
| Amount: | $1,579,500
|
| Shares: | 650,000
|
| Price: | $2.43
|
| Warrants: | No
|
| Investors: | Raymond C. Stachowiak, John Ruffle and Stanley Trotman
|
| Pricing date: | June 11
|
| Settlement date: | June 13
|
| Stock symbol: | NYSE: AMS
|
| Stock price: | $2.43 at close June 10
|
| Market capitalization: | $11.52 million
|
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