By Sheri Kasprzak
Atlanta, Nov. 22 - Bluebook International Holding Co. said Monday it raised $2,237,585 through the private placement of shares.
On Nov. 19, the company sold 2,131,033 shares at $1.05 and warrants for 426,206 shares at $1.31 each for five years
The private placement was originally announced Nov. 15, but was altered after the company engaged in a stock split on Nov. 17. The original $2.2 million deal consisted of 42.6 million shares at $0.0525 and warrants for 8.5 million shares at $0.0655.
Based in Lake Forest, Calif., Bluebook International is a data, software and services provider to insurance companies.
| Issuer: | Bluebook International Holding Co.
|
| Issue: | Shares and warrants
|
| Amount: | $2,237,585
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| Shares: | 2,131,033
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| Price: | $1.05
|
| Warrants: | For 426,206 shares
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| Warrant expiration: | Five years
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| Warrant strike price: | $1.31
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| Announcement date: | Nov. 15
|
| Settlement date: | Nov. 22
|
| Stock price: | $0.07 at close Nov. 15
|
| Stock price: | $0.04 at close Nov. 17 (last trade)
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