By Sheri Kasprzak
Atlanta, Dec. 16 - Neutron Enterprises Inc. said Thursday it has wrapped a private placement for $3 million.
The company issued 3 million treasury shares at $1 each.
Based in Los Angeles, Neutron is a venture capital and private equity buyout company that acquires technology and businesses. The company plans to use the proceeds from the offering to execute its business model for its newly acquired digital signage business, Digital Signage Broadcast Network.
| Issuer: | Neutron Enterprises Inc.
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| Issue: | Stock
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| Amount: | $3 million
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| Shares: | 3 million
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| Price: | $1.00
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| Warrants: | No
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| Announcement date: | Dec. 2
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| Settlement date: | Dec. 16
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| Stock price: | $2.21 at close Dec. 2
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| Stock price: | $2.30 at close Dec. 15
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