333,750 shares sold to investors at prices ranging from $0.50 to $0.80
By Devika Patel
Knoxville, Tenn., Feb. 24 – Blow & Drive Interlock Corp. settled a $261,000 private placement of stock with four investors between Dec. 23 and Jan. 26, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 333,750 common shares at prices ranging from $0.50 to $0.80 per share.
The private Beverly Hills, Calif., company develops and distributes ignition interlock devices.
| Issuer: | Blow & Drive Interlock Corp.
|
| Issue: | Common stock
|
| Amount: | $261,000
|
| Shares: | 333,750
|
| Price: | $0.50 to $0.80
|
| Warrants: | No
|
| Settlement date: | Dec. 23 to Jan. 26
|
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