By Sheri Kasprzak
New York, Jan. 30 - Tasker Capital Corp. said it has completed a private placement for $9,335,148.
The company issued 13,335,925 units at $0.70 each.
The units are comprised of one share and one warrant. The warrants are exercisable at $1.00 each.
Emerging Growth Equities, Ltd. was the placement agent.
Proceeds will be used for the development and commercialization of the company's products.
Also on Monday, Tasker announced that Richard Falcone was named its president and chief executive officer.
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 warrant
|
| Amount: | $9,335,148
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| Units: | 13,335,925
|
| Price: | $0.70
|
| Warrants: | One warrant per unit
|
| Warrant strike price: | $1.00
|
| Placement agent: | Emerging Growth Equities, Ltd.
|
| Settlement date: | Jan. 30
|
| Stock symbol: | OTCBB: TKER
|
| Stock price: | $0.86 at close Jan. 27
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