Published on 4/28/2016 in the Prospect News PIPE Daily.
Integrity Capital nets $240,000 through private placement of stock
Company sells about 23,301 common shares at $10.30 apiece in offering
By Devika Patel
Knoxville, Tenn., April 28 – Integrity Capital Income Fund, Inc. raised $240,000 of net proceeds from a private placement of stock from March 17 through April 14, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold about 23,301 common shares at $10.30 per share.
The private investment fund is based in Colorado Springs.
Issuer: | Integrity Capital Income Fund, Inc.
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Issue: | Common stock
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Net proceeds: | $240,000 (net)
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Shares: | 23,301 (approximate)
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Price: | $10.30
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Warrants: | No
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Settlement date: | March 17 through April 14
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