Holding company sells 300,000 shares at $0.85 per share in offering
By Devika Patel
Knoxville, Tenn., Oct. 10 - HPIL Holding completed a $255,000 private placement of stock on Oct. 8, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 300,000 common shares at $0.85 per share, which is identical to the Oct. 4 closing share price.
HPIL Holding is a holding company in Saginaw, Mich.
Issuer: | HPIL Holding
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Issue: | Common stock
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Amount: | $255,000
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Shares: | 300,000
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Price: | $0.85
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Warrants: | No
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Settlement date: | Oct. 8
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Stock symbol: | OTCBB: HPIL
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Stock price: | $0.85 at close Oct. 4
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