By Sheri Kasprzak
Atlanta, March 18 - Electric Aquagenics Unlimited Inc. said it has wrapped a private placement of stock for $2,975,000.
The company sold 850,000 shares at $3.50 each.
On Feb. 15, the company finished the first tranche of the deal for $1,589,000, selling 454,000 shares at the same price.
Nexcore Capital Inc. was the placement agent in the deal.
Electric Aquagenics, based in Lindon, Utah, produces water-based solutions for cleaning, disinfecting, hydrating and moisturizing.
| Issuer: | Electric Aquagenics Unlimited Inc.
|
| Issue: | Stock
|
| Amount: | $2,975,000
|
| Shares: | 850,000
|
| Price: | $3.50
|
| Warrants: | No
|
| Placement agent: | Nexcore Capital Inc.
|
| Pricing date: | Feb. 10
|
| Settlement date: | March 11
|
| Stock price: | $5.50 at close Feb. 10
|
| Stock price: | $4.40 at close March 11
|
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