New Issue: Buyonate raises $1.4 million through private placement of equity units

By Devika Patel

Knoxville, Tenn., July 30- Buyonate, Inc. settled a $1.4 million private placement on July 26, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 132,751 units of four common shares and two warrants at $10.56 per unit.

Each whole warrant expires in three years, with one exercisable at $3.70 and the other exercisable at $4.75.

Buyonate is a software company based in Las Vegas.

Issuer:	Buyonate, Inc.
Issue:	Units of four common shares and two warrants
Amount:	$1,401,851
Units:	132,751
Price:	$10.56
Warrants:	Two warrants per unit
Warrant expiration:	Three years
Warrant strike prices:	$3.70, $4.75
Settlement date:	July 26
Stock symbol:	OTCBB: BUYO
Stock price:	$2.00 at close July 26

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