Deal funds software develop and design, marketing and production costs
By Devika Patel
Knoxville, Tenn., March 26 – Command Control Center Corp. priced its $4 million initial public offering of stock, according to a Form S-1 filed Thursday with the Securities and Exchange Commission.
The company will sell 80 million common shares at $0.05 per share on a self-underwritten, best-efforts basis. There is no minimum number of shares that must be sold.
Proceeds will be used for general working capital, including software develop and design, marketing and production costs.
The subsidiary of Mazzal Holding Corp. is based in Boston. Command Control plans to offer a software platform that provides users the ability to consolidate the services provided by other websites into one service. It expects its shares to trade on the OTCBB.
| Issuer: | Command Control Center Corp.
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| Issue: | Common stock
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| Amount: | $4 million
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| Shares: | 80 million
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| Price: | $0.05
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| Warrants: | No
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| Pricing date: | March 26
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| Stock exchange: | OTCBB
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