Offer sells 10,982 of the company's common shares at $56.00 each
By Devika Patel
Knoxville, Tenn., July 31 - Epsilon Corp. completed a $614,992 private placement of stock on July 25, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 10,982 common shares at $56.00 per share.
The Miami company plans to launch and maintain an online social network for start-ups in high-tech industries, where entrepreneurs and investors and industry experts meet.
| Issuer: | Epsilon Corp.
|
| Issue: | Common stock
|
| Amount: | $614,992
|
| Shares: | 10,982
|
| Price: | $56.00
|
| Warrants: | No
|
| Announcement date: | July 31
|
| Settlement date: | July 25
|
| Stock symbol: | OTCBB: EPSO
|
| Stock price: | $0.32 at close July 30
|
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