By Sheri Kasprzak
New York, May 9 - Crdentia Corp. settled a $200,000 tranche of its planned $5 million private placement.
The company sold 333,333 shares at $0.60 each to MedCap Partners LP in the tranche.
So far, the company has raised $2.88 million in the offering, which has been ongoing since February.
The offering will close in multiple tranches through May 25, according to an 8-K the company filed Wednesday with the Securities and Exchange Commission.
Crdentia, based in Dallas, is a health care staffing service.
Issuer: | Crdentia Corp.
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Issue: | Stock
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Amount: | $200,000
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Shares: | 333,333
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Price: | $0.60
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Warrants: | No
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Investor: | MedCap Partners LP
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Settlement date: | May 8
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Stock symbol: | OTCBB: CRDT
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Stock price: | $0.40 at close May 8
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