By Devika Patel
Knoxville, Tenn., Sept. 19 - Laser Energetics, Inc. said it concluded a $1.1 million private placement of shares.
The company sold common shares at $0.08 per share.
The investors also received warrants to purchase additional shares at $0.12 per share.
Based in Mercerville, N.J., Laser Energetics develops laser technology.
| Issuer: | Laser Energetics, Inc.
|
| Issue: | Common shares
|
| Amount: | $1.1 million
|
| Price: | $0.08
|
| Warrants: | Yes
|
| Warrant strike price: | $0.12
|
| Settlement date: | Sept. 19
|
| Stock symbol: | Pink Sheets: LNGT
|
| Stock price: | $0.02 at close Sept. 18
|
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