Company sells 200,000 series A convertible preferreds at $10.00 each
By Devika Patel
Knoxville, Tenn., Dec. 4 ‑ General Employment Enterprises, Inc. said it completed a $2 million private placement of its series A convertible preferred stock.
The company sold 200,000 preferreds at $10.00 apiece.
The job placement firm is based in Naperville, Ill.
| Issuer: | General Employment Enterprises, Inc.
|
| Issue: | Series A convertible preferred stock
|
| Amount: | $2 million
|
| Shares: | 200,000
|
| Price: | $10.00
|
| Warrants: | No
|
| Settlement date: | Dec. 4
|
| Stock symbol: | NYSE: JOB
|
| Stock price: | $0.17 at close on Dec. 3
|
| Market capitalization: | $4.4 million
|
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