Company sells 5 million common shares at $0.02 per share in offering
By Devika Patel
Knoxville, Tenn., April 4 - Innocap, Inc. raised $100,000 in a private placement of stock on April 3, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 5 million restricted common shares at $0.02 apiece. The price per share is identical to the April 3 closing share price.
The Jefferson, Texas, company develops deep ocean technologies.
| Issuer: | Innocap, Inc.
|
| Issue: | Restricted common shares
|
| Amount: | $100,000
|
| Shares: | 5 million
|
| Price: | $0.02
|
| Warrants: | No
|
| Announcement date: | April 4
|
| Settlement date: | April 3
|
| Stock symbol: | OTCBB: INNO
|
| Stock price: | $0.02 at close April 3
|
| Market capitalization: | $1.64 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
