Offering sells 400,000 shares at $0.25 per share, an 80.77% discount
By Devika Patel
Knoxville, Tenn., Jan. 11 - Naked Brand Group Inc. settled a $100,000 private placement of stock on Jan. 8, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 400,000 common shares at $0.25 per share, an 80.77% discount to the Jan. 7 closing price of $1.30.
The undergarment manufacturer for men is based in Abbotsford, B.C.
| Issuer: | Naked Brand Group Inc.
|
| Issue: | Common shares
|
| Amount: | $100,000
|
| Shares: | 400,000
|
| Price: | $0.25
|
| Warrants: | No
|
| Settlement date: | Jan. 8
|
| Stock symbol: | OTCBB: NAKD
|
| Stock price: | $1.30 at close Jan. 7
|
| Market capitalization: | $24.31 million
|
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