By Devika Patel
Knoxville, Tenn., Feb. 6 - Blackhawk Capital Group BDC, Inc. will sell an additional $2 million of stock in a private placement, according to an 8-K filed Friday with the Securities and Exchange Commission. The company arranged to sell $3 million in shares to EquitySmith, Inc. on Jan. 15.
The company now will sell 1 million shares at $5.00 apiece.
The company retained John W. Loofbourrow Associates, Inc. as the agent for this offering.
Blackhawk is a New York-based business development company.
| Issuer: | Blackhawk Capital Group BDC, Inc.
|
| Issue: | Common stock
|
| Amount: | $5 million
|
| Shares: | 1 million
|
| Price: | $5.00
|
| Warrants: | No
|
| Agent: | John W. Loofbourrow Associates, Inc.
|
| Investor: | EquitySmith, Inc
|
| Pricing date: | Jan. 15
|
| Upsized: | Feb. 5
|
| Stock symbol: | OTCBB: BHCG
|
| Stock price: | $0.35 at close Jan. 15
|
| Market capitalization: | $4.87 million
|
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