By Devika Patel
Knoxville, Tenn., Jan. 15 - Vantage Drilling Co. completed an $8 million private placement of stock with F3 Capital on Jan. 9, according to an 8-K filed Thursday with the Securities and Exchange Commission.
Vantage Drilling sold 5,517,241 ordinary shares.
As previously reported, the company settled a $10 million convertible loan with F3 Capital in December.
The company is based in Houston.
| Issuer: | Vantage Drilling Co.
|
| Issue: | Ordinary stock
|
| Amount: | $8 million
|
| Shares: | 5,517,241
|
| Warrants: | No
|
| Investor: | F3 Capital
|
| Settlement date: | Jan. 9
|
| Stock symbol: | Amex: VTG
|
| Stock price: | $1.55 at close Jan. 9
|
| Market capitalization: | $86.3 million
|
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