Company sells 7,428,932 common shares at roughly $0.06 per share
By Devika Patel
Knoxville, Tenn., Feb. 22 - Premier Holding Corp. completed a $472,335 private placement of stock between Jan. 1 and Jan. 24 with 89 investors, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 7,428,932 common shares at about $0.06 apiece, a 64.71% discount to the closing share price, $0.17, on Dec. 31.
The Tustin, Calif., company provides clean energy products and services.
| Issuer: | Premier Holding Corp.
|
| Issue: | Common stock
|
| Amount: | $472,335
|
| Shares: | 7,428,932
|
| Price: | $0.06 (approximate)
|
| Warrants: | No
|
| Settlement dates: | Between Jan. 1 and Jan. 24
|
| Stock symbol: | OTCBB: PRHL
|
| Stock price: | $0.17 at close Dec. 31
|
| Market capitalization: | $7.8 million
|
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