Cooks Bridge II purchases 200,000 common shares at $0.50 each in deal
By Devika Patel
Knoxville, Tenn., Jan. 30 – Fuse Medical Inc. settled a $100,000 private placement of stock with Cooks Bridge II, LLC on Jan. 12, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 200,000 common shares at $0.50 per share, a 9.09% discount to the Jan. 9 closing share price of $0.55.
The Fort Worth company distributes and sells internal fixation, durable bone materials, biologics, tissue, surgical and other related surgical products.
Issuer: | Fuse Medical Inc.
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Issue: | Common shares
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Amount: | $100,000
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Shares: | 200,000
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Price: | $0.50
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Warrants: | No
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Investor: | Cooks Bridge II, LLC
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Settlement date: | Jan. 12
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Stock symbol: | OTCBB: FZMD
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Stock price: | $0.55 at close Jan. 9
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Market capitalization: | $2.48 million
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