New Issue: Liquidmetal Technologies pockets $2.05 million through stock placement

By Devika Patel

Knoxville, Tenn., Aug. 11 - Liquidmetal Technologies, Inc. completed a $2.05 million private placement of stock on Aug. 10, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold 7,870,307 common shares to Norden LLC. The purchase price, of about $0.26 per share, reflects a 49.02% discount to the $0.51 closing share price on Aug. 9.

Based in Lake Forest, Calif., Liquidmetal makes industrial coatings from amorphous alloys.

Issuer:	Liquidmetal Technologies, Inc.
Issue:	Common stock
Amount:	$2,046,280
Shares:	7,870,307
Price:	$0.26
Warrants:	No
Investor:	Norden LLC
Settlement date:	Aug. 10
Stock symbol:	Pink Sheets: LQMT
Stock price:	$0.88 at close Aug. 10
Market capitalization:	$47.01 million

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