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Article: Bluebook International Holding Company Announces $2.2 Million Private Placement of Common Stock.
- Article from:
- PR Newswire
- Article date:
- November 15, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Bluebook International Holding Company (BULLETIN BOARD: BBIC) , a provider of software solutions and information services for the insurance and related service industries, today announced that it has entered into definitive agreements to sell approximately 42.6 million shares of common stock in a private placement with institutional investors at $.0525 per share. The result of the transaction will yield approximately $2.2 million dollars in gross proceeds to the Company. Investors in the private placement will also receive warrants to purchase up to 8.5 million shares of common stock at $.0655 per share.
The transaction is scheduled to close the week of ...