Company sells 320 class C redeemable common shares at $965.29 apiece
By Devika Patel
Knoxville, Tenn., Sept. 8 – DCP Holding Co. completed a downsized $308,893 private placement of stock on Aug. 31, according to an 8-K filed Tuesday with the Securities and Exchange Commission. J.J.B. Hilliard, W.L. Lyons, LLC was the agent for the deal, which was announced as a $337,852 offering on Sept. 2.
The company sold 320 class C redeemable common shares at $965.29 per share. The price per share represents the company’s book value per share as of July 31, the 8-K noted.
The private Sharonville, Ohio, company provides health care plans and related services to employer groups.
Issuer: | DCP Holding Co.
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Issue: | Class C redeemable common shares
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Amount: | $308,893
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Shares: | 320
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Price: | $965.29
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Warrants: | No
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Agent: | J.J.B. Hilliard, W.L. Lyons, LLC
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Settlement date: | Aug. 31
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