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Published on 12/3/2007 in the Prospect News PIPE Daily.

New Issue: Blackhawk Capital prices $5 million from stock

By Laura Lutz

Des Moines, Dec. 3 - Blackhawk Capital Group BDC, Inc. plans to raise up to $5 million from a private placement of common stock.

The shares in the regulation E offering will be priced at $1.00 each.

Blackhawk will not sell any of the stock before Dec. 17. Final settlement is expected by Dec. 31.

Blackhawk is a New York-based business development company.

Issuer:Blackhawk Capital Group BDC, Inc.
Issue:Stock
Amount:$5 million
Shares:5 million
Price:$1.00
Warrants:No
Pricing date:Dec. 3
Settlement date:Dec. 17 (earliest); Dec. 31 (final)
Stock symbol:OTCBB: BHCG
Stock price:$0.17 at close Nov. 29 (last trade)

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