Company sells 1,414,875 class A common shares at $10.00 each in deal
By Devika Patel
Knoxville, Tenn., April 2 - HF2 Financial Management Inc. completed a $14.15 million private placement of stock on March 27, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 1,414,875 class A common shares at $10.00 apiece. The price per share is a 0.3% discount to the March 26 closing share price of $10.03.
The deal settled alongside the company's initial public sale of 15.3 million shares, which were sold at the same price.
The blank check company is based in Denver.
| Issuer: | HF2 Financial Management Inc.
|
| Issue: | Class A common shares
|
| Amount: | $14,148,750
|
| Shares: | 1,414,875
|
| Price: | $10.00
|
| Warrants: | No
|
| Investor: | Elysian Shores Holdings
|
| Settlement date: | March 27
|
| Stock symbol: | Nasdaq: HTWO
|
| Stock price: | $10.03 at close March 26
|
| Market capitalization: | $205.8 million
|
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