Published on 10/19/2015 in the Prospect News PIPE Daily.
Integrity Capital nets $1.15 million via private placement of stock
Company sells 113,054 common shares at $10.15 apiece through offering
By Devika Patel
Knoxville, Tenn., Oct. 19 – Integrity Capital Income Fund, Inc. raised $1.15 million of net proceeds from a private placement of stock on Oct. 14, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold about 113,054 common shares at $10.15 per share.
The private investment fund is based in Colorado Springs.
Issuer: | Integrity Capital Income Fund, Inc.
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Issue: | Common stock
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Net proceeds: | $1,147,500 (net)
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Shares: | 113,054 (approximate)
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Price: | $10.15
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Warrants: | No
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Settlement date: | Oct. 14
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