By Sheri Kasprzak
New York, Sept. 27 - Tasker Capital Corp. said it has wrapped the $507,991 last tranche of its $6,484,599 private placement.
In the most recent tranche, the company sold 230,905 units at $2.20 each.
The units include one share and one half-share warrant, the whole of which is exercisable at $3.00 each for five years.
All told, the company issued 2,947,545 units under the same terms, in tranches that closed on Sept. 20, Sept. 26 and Sept. 27.
The company had intended to raise up to $10 million from the offering.
The proceeds 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 like breath fresheners.
| Issuer: | Tasker Capital Corp.
|
| Issue: | Units of one share and one half-share warrant
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| Amount: | $507,991
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| Units: | 230,905
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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
|
| Settlement date: | Sept. 27
|
| Stock price: | $2.43 at close Sept. 27
|
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