Proceeds slated for implementation of a business plan, working capital
By Devika Patel
Knoxville, Tenn., April 8 - Voz Mobile Cloud Ltd. priced a public offering of stock for between $250,000 and $2 million, according to a prospectus filed Monday with the Securities and Exchange Commission.
The company will sell between 1.25 million and 10 million common shares at $0.20 apiece on a best-efforts and self-underwritten basis.
Proceeds will be used for offering expenses, to implement the company's business plan and for working capital.
The private development-stage company is based in Singapore. It is seeking to launch a system that consolidates multiple modes of communication such as emails, voice mails and instant messaging into the same inbox.
| Issuer: | Voz Mobile Cloud Ltd.
|
| Issue: | Common stock
|
| Amount: | $250,000 (minimum), $2 million (maximum)
|
| Shares: | 1.25 million (minimum), 10 million (maximum)
|
| Price: | $0.20
|
| Warrants: | No
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| Pricing date: | April 8
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