New Issue: Datigen.com raises $1.74 million from private placement of units

By Sheri Kasprzak

New York, Sept. 1 - Datigen.com, Inc. said it has raised $1,735,500 so far in a private placement of units.

As of Aug. 23, the company had sold 8,677,500 units at $0.20 each.

The units include one common share, one class A warrant and one class B warrant.

The class A warrants provide for the purchase of one share at $0.45 each for one year and the class B warrants provide for the purchase of one share at $0.75 each for three years.

Separately, the company raised $130,000 from the private placement of 866,666 shares at $0.15 each.

Based in Orem, Utah, Datigen.com develops database technologies.

Issuer:	Datigen.com, Inc.
Issue:	Units of one share, one class A warrant, one class B warrant
Amount:	$1,735,500
Units:	8,677,500
Price:	$0.20
Warrants:	One class A warrant per unit, one class B warrant per unit
Warrant expiration:	One year for class A, three years for class B
Warrant strike price:	$0.45 for class A, $0.75 for class B
Settlement date:	Aug. 23
Stock price:	$0.51 at close Aug. 23

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