Deal sells 460,000 restricted shares to three investors at $0.50 each
By Devika Patel
Knoxville, Tenn., Jan. 21 – E-Qure Corp. concluded a $230,000 private placement of stock in December, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 460,000 restricted common shares at $0.50 apiece. The price per share is a 68.55% discount to $1.59, the Jan. 20 closing share price.
Itzchak Shrem bought 200,000 shares for $100,000, Lavi Krasney bought 60,000 shares for $30,000 and Amir Uziel bought 200,000 shares for $100,000.
The New York company designs and manufactures medical devices.
Issuer: | E-Qure Corp.
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Issue: | Restricted common stock
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Amount: | $230,000
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Shares: | 460,000
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Price: | $0.50
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Warrants: | No
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Investors: | Itzchak Shrem (for $100,000), Lavi Krasney (for $30,000) and Amir Uziel (for $100,000)
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Announcement date: | Jan. 21
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Stock symbol: | OTCBB: EQUR
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Stock price: | $1.59 at close Jan. 20
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Market capitalization: | $30.6 million
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