Published on 3/7/2006 in the Prospect News Biotech Daily and Prospect News PIPE Daily.
New Issue: Helix BioMedix completes $2.38 million placement of stock
By Sheri Kasprzak
New York, March 7 - Helix BioMedix, Inc. said it wrapped a $2,383,000 private placement of stock.
The company issued 2,383,000 shares and issued warrants for 238,000 shares to 13 accredited investors.
The warrants are exercisable at $1.00 each through March 3, 2011.
Based in Bothell, Wash., Helix BioMedix develops chemicals used in skin care products.
Issuer: | Helix BioMedix, Inc.
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Issue: | Stock
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Amount: | $2,383,000
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Shares: | 2,383,000
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Price: | $1.00
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Warrants: | For 238,000 shares
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Warrant expiration: | March 3, 2011
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Warrant strike price: | $1.00
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Settlement date: | March 3
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Stock symbol: | OTCBB: HXBM
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Stock price: | $0.81 at close March 3
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