E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/12/2007 in the Prospect News PIPE Daily.

New Issue: BHIT sells $1 million in stock placement

By Susanna Moon

Chicago, June 12 - BHIT Inc said raised $1 million in a private placement to 36 investors, primarily existing shareholders.

The company issued 10 million share of common stock at a price of $0.10 per share.

The placement was non-brokered.

BHIT is a mortgage loan investment company based in Norwalk, Conn.

Issuer:BHIT Inc.
Issue:Stock
Amount:$1 million
Shares:10 million
Price:$0.10
Warrants:No
Settlement date:June 8
Stock symbol:VHTI
Stock price:$0.17 at close June 8

© 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.