By Devika Patel
Knoxville, Tenn., Nov. 13 - L&L International Holdings, Inc. priced and settled a $3.26 million private placement of units on Nov. 6, according to an 8-K filed Friday with the Securities and Exchange Commission. The company settled a $5.35 million placement on identical terms in October, as previously reported.
The company sold 835,389 units of one common share and 6/10ths of a warrant at $3.90 per unit.
Each warrant is exercisable at $5.62 per share for five years.
L&L is a coal mining company located in Seattle.
| Issuer: | L&L International Holdings, Inc.
|
| Issue: | Units of one common share and 6/10ths of a warrant
|
| Amount: | $3,258,000
|
| Units: | 835,389
|
| Price: | $3.90
|
| Warrants: | 6/10ths of a warrant per unit
|
| Warrant expiration: | Five years
|
| Warrant strike price: | $5.62
|
| Pricing date: | Nov. 6
|
| Settlement date: | Nov. 6
|
| Stock symbol: | OTCBB: LLFH
|
| Stock price: | $5.65 at close Nov. 6
|
| Market capitalization: | $118 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.
