other material
confidence high
sentiment neutral
materiality 0.40
Nuo Therapeutics raises $849k in private placement of 1.13M shares at $0.75/share
Nuo Therapeutics, Inc.
- Gross proceeds of $849,125 from sale of 1,132,167 shares at $0.75 per share.
- Principal stockholder Charles E. Sheedy invested $93,750 in the placement.
- Proceeds to be used for working capital; shares outstanding increase to 46,598,405.
- Shares sold under Section 4(a)(2) and Rule 506 without registration.