Lone investor purchases 8,225 of the company’s shares at $2.36 apiece
By Devika Patel
Knoxville, Tenn., Feb. 19 – HCi Viocare completed a $19,411 private placement of stock with an investor on Feb. 17, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 8,225 common shares at $2.36 per share. The price per share reflects a 25.08% discount to the Feb. 13 closing share price of $3.15.
The development-stage company is based in Glasgow. It is working to create a chain of prosthetics and orthotics and diabetic foot clinics in Europe and the Middle East and developing a portfolio of biomedical technologies in the diabetic foot, prosthetics and orthotics and other health and wellbeing areas.
| Issuer: | HCi Viocare
|
| Issue: | Common stock
|
| Amount: | $19,411
|
| Shares: | 8,225
|
| Price: | $2.36
|
| Warrants: | No
|
| Settlement date: | Feb. 17
|
| Stock symbol: | OTCBB: VICA
|
| Stock price: | $3.15 at close Feb. 13
|
| Market capitalization: | $18.71 million
|
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