New Issue: ZST wraps $1.76 million convertible preferreds sale

By Devika Patel

Knoxville, Tenn., Jan. 15 - ZST Digital Networks, Inc. raised $1.76 million in a private placement of its series A convertible preferred stock on Jan. 9, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company sold 1,097,500 preferreds at $1.60 apiece.

The private company is based in Zhengzhou, China.

Issuer:	ZST Digital Networks, Inc.
Issue:	Series A convertible preferred stock
Amount:	$1,756,000
Shares:	1,097,500
Price:	$1.60
Warrants:	No
Settlement date:	Jan. 9

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.