Company sells 2.4 million shares at $1.25 per share
By Devika Patel
Knoxville, Tenn., Dec. 8 – Overtech Corp. settled a $3 million private placement of stock on Dec. 5, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 2.4 million common shares at $1.25 per share, which is identical to the closing share price on Dec. 5.
The company develops and markets mobile games.
Issuer: | Overtech Corp.
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Issue: | Common stock
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Amount: | $3 million
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Shares: | 2.4 million
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Price: | $1.25
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Warrants: | No
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Announcement date: | Dec. 8
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Settlement date: | Dec. 5
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Stock symbol: | OTCBB: OVET
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Stock price: | $1.25 at close Dec. 5
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