Published on 6/8/2010 in the Prospect News PIPE Daily.
New Issue: Expedite 5 raises $1.03 million via private placement of common shares
By Devika Patel
Knoxville, Tenn., June 8 - Expedite 5, Inc. settled a $1.03 million private placement of stock on June 3, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 1,028,000 common shares at $1.00 apiece.
Expedite 5 is a private shell company based in London.
Issuer: | Expedite 5, Inc.
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Issue: | Common stock
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Amount: | $1,028,000
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Shares: | 1,028,000
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Price: | $1.00
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Warrants: | No
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Settlement date: | June 3
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