By LLuvia Mares
New York, Dec. 5 - Command Center, Inc. announced Wednesday it completed a $10.067 million private placement of units.
A group of institutional and accredited individual investors purchased 10.067 million units at $1.00 each. The units are made up of one share and 0.5 warrants. In total, the warrants are exercisable for 5.0335 million additional shares at $1.25 each.
MDB Capital Group, LLC was the placement agent.
Post Falls, Idaho-based Command Center provides on-demand employment solutions to businesses.
Issuer: Command Center, Inc.
Issue: Stock
Amount: $10.067 million
Shares: 10.067 million
Price: $1.00
Warrants: For 5.0335 million shares
Warrant strike price: $1.25
Placement agent: MDB Capital Group, LLC
Pricing date: Nov. 30
| Settlement date: | Dec. 5
|
| Stock symbol: | OTCBB: CCNI
|
| Stock price: | $1.50 at close Dec. 4
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