Published on 2/3/2015 in the Prospect News PIPE Daily.
CoConnect takes in $20,000 through private placement of common stock
PacificWave Partners purchases 20,000 common shares at $1.00 per share
By Devika Patel
Knoxville, Tenn., Feb. 3 – CoConnect, Inc. settled a $20,000 private placement of stock with PacificWave Partners Ltd. on Feb. 3, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 20,000 common shares at $1.00 per share, a 74.94% discount to the Feb. 2 closing share price of $3.99.
The Murray, Utah, blank check company has no operations or revenue.
| Issuer: | CoConnect, Inc.
|
| Issue: | Common shares
|
| Amount: | $20,000
|
| Shares: | 20,000
|
| Price: | $1.00
|
| Warrants: | No
|
| Investor: | PacificWave Partners Ltd.
|
| Settlement date: | Feb. 3
|
| Stock symbol: | OTCBB: CCON
|
| Stock price: | $3.99 at close Feb. 2
|
| Market capitalization: | $12.69 million
|
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