Company sells 2 million common shares on a self-underwritten basis
By Devika Patel
Knoxville, Tenn., Dec. 6 - Darkstar Ventures, Inc. priced a $3.4 million direct public offering of stock in a Form S-1 filed Thursday with the Securities and Exchange Commission.
The company will sell between 14,700 and 2 million common shares at $1.70 per share on a self-underwritten basis. The minimum purchase is 100 shares.
Proceeds will be used to repay debt, for working capital, cash payments and acquisitions.
New York-based Darkstar is an emerging growth company.
| Issuer: | Darkstar Ventures, Inc.
|
| Issue: | Common stock
|
| Amount: | $24,990 (minimum), $3.4 million (maximum)
|
| Shares: | 14,700 (minimum), 2 million (maximum)
|
| Price: | $1.70
|
| Warrants: | No
|
| Pricing date: | Dec. 6
|
| Stock symbol: | OTCBB: DAVC
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
