By Sheri Kasprzak
New York, Sept. 20 - Tasker Capital Corp. said it has received agreements for a $5,035,608 private placement.
The company will issue 2,288,913 units at $2.20 each.
The units include one share and one half-share warrant. The whole warrants are exercisable at $3.00 each for five years.
The proceeds from the deal - expected to close within the next seven days - will be used to accelerate the rollout of the company's pen spray, poultry processing product and Unifresh Footbath.
Based in Danbury, Conn., Tasker Capital manufactures and markets consumer products such as breath fresheners.
| Issuer: | Tasker Capital Corp.
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| Issue: | Units of one share and one half-share warrant
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| Amount: | $5,035,608
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| Units: | 2,288,913
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| Price: | $2.20
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | Five years
|
| Warrant strike price: | $3.00
|
| Announcement date: | Sept. 20
|
| Stock price: | $2.44 at close Sept. 20
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