New Issue: Disaboom settles $5.35 million placement of stock, warrants

By Laura Lutz

Des Moines, Sept. 26 - Disaboom, Inc. closed a $5.35 million private placement of stock and warrants, according to a company news release.

The company sold 7,128,000 common shares at $0.75 apiece. Each share was accompanied by 0.75 warrant. Terms of the warrants were not announced.

Proceeds will be used for new product development, working capital and general corporate purposes.

Based in Denver, Disaboom is an online community used to provide services to adults living with disabilities and their caretakers.

Issuer:	Disaboom, Inc.
Issue:	Stock
Amount:	$5,346,000
Shares:	7,128,000
Price:	$0.75
Warrants:	For 0.75 share per share issued
Announcement date:	Sept. 26
Stock symbol:	OTCBB: DSBO
Stock price:	$1.45 at close Sept. 25

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