Lone investor to purchase company’s common shares over three-year term
By Devika Patel
Knoxville, Tenn., April 19 – Vape Holdings, Inc. said it negotiated a $5 million three-year equity facility with an investor.
The shares will be sold at prevailing market prices with no discount.
The Agoura Hills, Calif., company makes vaporization products.
| Issuer: | Vape Holdings, Inc.
|
| Issue: | Equity facility
|
| Amount: | $5 million
|
| Tenor: | Three years
|
| Price: | Prevailing market price
|
| Warrants: | No
|
| Pricing date: | April 19
|
| Stock symbol: | OTCBB: VAPE
|
| Stock price: | $0.01 at close April 18
|
| Market capitalization: | $2.27 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
