Company sells 968,863 common shares at $0.11 apiece through offering
By Devika Patel
Knoxville, Tenn., Dec. 11 – Manhattan Scientifics Inc. settled a $106,575 private placement of stock on Nov. 13, Dec. 2, Dec. 4 and Dec. 8, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 968,863 common shares at $0.11 apiece, an 8.33% discount to the Nov. 12 closing share price of $0.12.
The New York company operates as a technology incubator that seeks to acquire, develop and commercialize life-enhancing technologies in various fields, with emphasis in the areas of nanotechnology.
| Issuer: | Manhattan Scientifics Inc.
|
| Issue: | Common stock
|
| Amount: | $106,575
|
| Shares: | 968,863
|
| Price: | $0.11
|
| Warrants: | No
|
| Settlement date: | Nov. 13, Dec. 2, Dec. 4 and Dec. 8
|
| Stock symbol: | OTCBB: MHTX
|
| Stock price: | $0.12 at close Nov. 12
|
| Market capitalization: | $61.2 million
|
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