Published on 12/20/2005 in the Prospect News PIPE Daily.
New Issue: Q Comm raises $3 million from private placement of stock
By Sheri Kasprzak
New York, Dec. 20 - Q Comm International, Inc. said it has concluded a $3 million private placement.
The company sold 1 million shares at $3.00 each to existing shareholders.
Based in Orem, Utah, Q Comm electronically distributes prepaid products from service providers via point-of-sale terminals.
Issuer: | Q Comm International, Inc.
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Issue: | Stock
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Amount: | $3 million
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Shares: | 1 million
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Price: | $3.00
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Warrants: | No
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Settlement date: | Dec. 20
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Stock price: | $2.45 at close Dec. 20
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