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