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Posts | 4443 |
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Alias Born | 07/26/2010 |
Sunday, January 07, 2018 8:54:17 AM
Subsequent to September 30, 2017, pursuant to a private placement, the Company issued to six investors a total of 5,566,667 shares of common stock for cash at $0.15 per share or $835,000. The Company incurred $34,800 of capital raising fees that were paid in cash and charged to additional paid-in capital. Related to these sales, the Company is further obligated to issue 145,000 warrants as an offering cost to a third party, each with a 5 year term and a strike price of $0.15 per share, at the close of the private placement offering. There will be no accounting effect for the issuance of these warrants as their fair value will be charged to additional paid-in-capital as an offering cost and offset by a credit to additional paid-in-capital for their fair value when issuing these warrants.
Q4-filing not due until 3/31/18. Until Dez offers some correction to his current faulty math, I'll be waiting for some clarification then - not holding my breath?
Recent BEEM News
- Beam Global Reports Record Year End 2023 Operating Results • GlobeNewswire Inc. • 04/16/2024 11:02:22 PM
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- Beam Global Receives First European Order for EV ARC™ Solar-Powered EV Charging Systems • GlobeNewswire Inc. • 03/12/2024 10:00:00 AM
- Beam Global Announces First European Government Supplier Agreement • GlobeNewswire Inc. • 03/07/2024 11:00:00 AM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 10:26:11 PM
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- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 04:54:31 PM
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- Ten Beam Global EV ARC™ Systems Deployed by County of San Diego • GlobeNewswire Inc. • 02/08/2024 03:35:14 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/01/2024 09:42:51 PM
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- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/31/2024 02:35:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 01:50:31 PM
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