Published on 3/12/2007 in the Prospect News PIPE Daily.
New Issue: Maui Land & Pineapple wraps $15 million placement of stock
By Sheri Kasprzak
New York, March 12 - Maui Land & Pineapple Co., Inc. settled a $15,000,018 private placement.
The company sold 517,242 shares at $29.00 each to Ohana Holdings LLC and ZG Ventures, LLC.
Based in Kahului, Hawaii, Maui Land & Pineapple manages agricultural and resort properties.
Issuer: | Maui Land & Pineapple Co., Inc.
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Issue: | Stock
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Amount: | $15,000,018
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Shares: | 517,242
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Price: | $29.00
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Warrants: | No
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Investors: | Ohana Holdings LLC, ZG Ventures, LLC
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Settlement date: | March 12
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Stock symbol: | Amex: MLP
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Stock price: | $30.25 at close March 12
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