Published on 6/24/2014 in the Prospect News PIPE Daily.
Nytex Energy Holdings wraps $1 million private placement of shares
Offering sells 8,013,902 common shares at $0.125 apiece to Cory Hall
By Devika Patel
Knoxville, Tenn., June 24 – Nytex Energy Holdings, Inc. completed a $1 million private placement of stock with Cory Hall on June 20, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 8,013,902 common shares at $0.125 per share. The price per share is a 13.64% premium to the $0.11 closing share price on June 19.
The energy company is based in Dallas.
Issuer: | Nytex Energy Holdings, Inc.
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Issue: | Common stock
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Amount: | $1,001,738
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Shares: | 8,013,902
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Price: | $0.125
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Warrants: | No
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Investor: | Cory Hall
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Settlement date: | June 20
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Stock symbol: | OTCBB: NYTEE
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Stock price: | $0.11 at close June 19
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Market capitalization: | $1.34 million
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