Company sells 2.15 million common shares at $0.20 apiece through deal
By Devika Patel
Knoxville, Tenn., Dec. 9 – Cullen Agricultural Holding Corp. completed a $430,000 private placement of stock on Dec. 5, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 2.15 million common shares at $0.20 per share.
Proceeds will be used for acquisitions and general company purposes.
The private Waynesboro, Ga., company develops and implements grazing-based farming systems.
| Issuer: | Cullen Agricultural Holding Corp.
|
| Issue: | Common stock
|
| Amount: | $430,000
|
| Shares: | 2.15 million
|
| Price: | $0.20
|
| Warrants: | No
|
| Settlement date: | Dec. 5
|
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