Company sells 2.29 million shares at $0.25 apiece, an 81.88% discount
By Devika Patel
Knoxville, Tenn., June 22 - Premier Holding Corp. completed a $572,500 private placement of stock, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 2.29 million common shares at $0.25 apiece, an 81.88% discount to the closing share price, $1.38, on June 21.
The Aliso Viejo, Calif., company provides financial and management services to its subsidiary, WEPOWER, a provider of renewable energy production and energy efficiency products and services.
| Issuer: | Premier Holding Corp.
|
| Issue: | Common stock
|
| Amount: | $572,500
|
| Shares: | 2.29 million
|
| Price: | $0.25
|
| Warrants: | No
|
| Settlement date: | June 22
|
| Stock symbol: | OTCBB: PRHL
|
| Stock price: | $1.38 at close June 21
|
| Market capitalization: | $61.92 billion
|
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