Community Shores Bank Corp. (OTCPK:CSHB) announced that it has entered into an agreement for a private placement of 431,372 shares at $2.55 per share for gross proceeds of $1,099,998.6 on January 13, 2016. The company will issue securities pursuant to exemption provided under Regulation D. The transaction will include participation from Robert L. Chandonnet, Bruce J. Essex and Bruce J. Essex, Jr.
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5-day change | 1st Jan Change | ||
- USD | -.--% | +2.49% | +63.79% |
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+63.79% | 20.37M | |
+17.21% | 567B | |
+16.13% | 305B | |
+19.63% | 260B | |
+23.01% | 188B | |
+27.52% | 173B | |
+8.47% | 159B | |
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+8.28% | 149B | |
+12.88% | 141B |
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- Community Shores Bank Corp. announced that it expects to receive $1.1 million in funding