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Published on 4/11/2016 in the Prospect News PIPE Daily.

bBooth takes in $257,500 through private placement of common stock

Company sells 5,722,222 common shares at $0.045 per share via offering

By Devika Patel

Knoxville, Tenn., April 11 – bBooth, Inc. completed a $257,500 private placement of stock with four investors on April 4, according to an 8-K filed Monday with the Securities and Exchange Commission.

The company sold 5,722,222 common shares at $0.045 apiece. The price per share is a 43.75% discount to $0.08, the April 1 closing share price.

The West Hollywood, Calif., company makes and operates portable recording studios, branded and marketed as bBooth.

Issuer:bBooth, Inc.
Issue:Common stock
Amount:$257,500
Shares:5,722,222
Price:$0.045
Warrants:No
Settlement date:April 4
Stock symbol:OTCBB: BBTH
Stock price:$0.08 at close April 1
Market capitalization:$3.19 million

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