New York, Nov. 23 - Novacoat Holdings Ltd. said it has completed the sale of A$3.5 million of common stock, sold through an oversubscribed private placement.
The company issued 6.36 million shares at A$0.55 each.
Based in Belmont, Western Australia, Novacoat supplies maintenance and construction services to resource and infrastructure companies.
| Issuer: | Novacoat Holdings Ltd.
|
| Issue: | Stock
|
| Amount: | A$3.5 million
|
| Shares: | 6.36 million
|
| Price: | A$0.55
|
| Warrants: | No
|
| Pricing date: | Nov. 3
|
| Settlement: | Nov. 24
|
| Stock price: | A$0.655 at close Nov. 23
|
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