ABCO Energy to price public offering of 10 million shares at $0.50

Company sells common stock in order to fund general corporate purposes

By Devika Patel

Knoxville, Tenn., Oct. 14 – ABCO Energy, Inc. will sell 10 million common shares in a public offering with a secondary sale of 23,318,322 additional shares, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission. The company has registered up to $16,659,161 of stock for the deal.

The shares will be sold at an expected price of $0.50 per share.

Proceeds will be used for general corporate purposes.

The electrical product and services supplier is based in Tucson, Ariz.

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