Company sells 250,000 shares at $1.00 each to Daniel Haesler in deal
By Devika Patel
Knoxville, Tenn., Dec. 19 - HPIL Holding completed a $250,000 private placement of stock with Daniel Haesler on Dec. 11, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 250,000 common shares at $1.00 per share, which is a 0.99% discount to the Dec. 10 closing share price of $1.01.
HPIL Holding is a holding company in Saginaw, Mich.
| Issuer: | HPIL Holding
|
| Issue: | Common stock
|
| Amount: | $250,000
|
| Shares: | 250,000
|
| Price: | $1.00
|
| Warrants: | No
|
| Investor: | Daniel Haesler
|
| Settlement date: | Dec. 11
|
| Stock symbol: | OTCBB: HPIL
|
| Stock price: | $1.01 at close Dec. 10
|
| Market capitalization: | $107.12 million
|
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