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Published on 12/23/2005 in the Prospect News PIPE Daily.

New Issue: Nationwide Financial raises $4.5 million in private placement of stock

By Sheri Kasprzak

New York, Dec. 23 - Nationwide Financial Solutions, Inc. said it has concluded a private placement for $4,497,501.

The company sold 2,998,334 shares at $1.50 each to Pursuit Capital, LLC.

Based in Tempe, Ariz., Nationwide Financial is a debt resolution company.

Issuer:Nationwide Financial Solutions, Inc.
Issue:Stock
Amount:$4,497,501
Shares:2,998,334
Price:$1.50
Warrants:No
Investor:Pursuit Capital, LLC
Settlement date:Dec. 22
Stock price:$3.90 at close Dec. 22

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