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Aehr Test Systems Announces Private Placement of Common Stock

Tuesday, 19 Mar 2013 08:00am EDT 

Aehr Test Systems announced that on March 15, 2013, it entered into an agreement for the sale of 1,158,000 shares of its common stock in a private placement transaction with certain Directors and Officers of the Company and other accredited investors. The purchase price per share of the common stock sold in the private placement was $1.00, resulting in gross proceeds to the Company of $1,158,000, before offering expenses. The closing of the private placement took place on March 15, 2013, and no placement agent was used in connection with the transaction. 

Company Quote

-0.02 -0.71%
10 Jul 2014