Thursday, June 22, 2017 12:59:18 PM
so bad that they were forced to pay a whopping 22% in expenses for raising funds in a recent private placement only 1.5 months ago
Can you imagine?
A 22% in expenses for a private placement?
this shows how bad the PURE business prospect are such that they would be force to pay a broker that high a fee
https://www.sec.gov/Archives/edgar/data/1006028/000149315217006332/form424b3.htm#a_009
During the nine months ended April 30, 2017, we completed a private placement offering pursuant to which we sold 1,572,941 shares of our common stock and warrants to purchase 1,572,941 shares of our common stock. The shares were sold at a per share purchase price of $0.85 per share, resulting in $1,337,000 in aggregate gross proceeds. After deducting fees of approximately $288,000, the net proceeds to us were $1,049,000.
Recent PURE News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 09:30:15 PM
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