Published on 7/21/2010 in the Prospect News PIPE Daily.
New Issue: Bioheart concludes $1.05 million placement of restricted common stock
By Devika Patel
Knoxville, Tenn., July 21 - Bioheart, Inc. took in $1.05 million from a private placement of restricted common stock on July 20, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 1,768,720 common shares and warrants for 530,616 shares.
Bioheart is a biotechnology company based in Sunrise, Fla.
| Issuer: | Bioheart, Inc.
|
| Issue: | Restricted common stock
|
| Amount: | $1,046,986
|
| Shares: | 1,768,720
|
| Warrants: | For 530,616 shares
|
| Settlement date: | July 20
|
| Stock symbol: | OTCBB: BHRT
|
| Stock price: | $0.27 at close July 20
|
| Market capitalization: | $7.27 million
|
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