Published on 4/27/2007 in the Prospect News PIPE Daily.
New Issue: HealthSport raises $3 million from stock offering to NFL players
By Sheri Kasprzak
New York, April 27 - HealthSport, Inc. concluded a $3 million private placement of stock with a group of former National Football League players.
The investors bought 2 million shares at $1.50 each.
The investors include former NFL players Bruce Smith, Bernie Kosar and Jim Kelly.
Based in Amherst, N.Y., HealthSport develops a line of nutritional supplements.
Issuer: | HealthSport, Inc.
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Issue: | Stock
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Amount: | $3 million
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Shares: | 2 million
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Price: | $1.50
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Warrants: | No
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Investors: | Bruce Smith, Bernie Kosar, Jim Kelly, others
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Settlement date: | April 27
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Stock symbol: | OTCBB: HSPO
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Stock price: | $2.40 at close April 27
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