Xtreme Healthcare Corp Announces Offering Of 3,000,000 Shares Of Common Stock-Form S-1/A


Monday, 21 Oct 2013 06:12am EDT 

Xtreme Healthcare Corp reported in its Form S-1/A that it relates to the offer and sale of 3,000,000 shares of common stock of the Company, $0.0001 par value per share, offered by the holders thereof, who are deemed to be statutory underwriters. The selling shareholders will offer their shares at a price of $5.00 per share, until the Company's common stock is listed on a national securities exchange or is quoted on the OTC Bulletin Board (or a successor); after which, the selling shareholders may sell their shares at prevailing market or privately negotiated prices, including (without limitation) in one or more transactions that may take place by ordinary broker's transactions, privately-negotiated transactions or through sales to one or more dealers for resale. The maximum number of Shares that can be sold pursuant to the terms of this offering by the selling shareholders is (in aggregate) 3,000,000. Funds received by the selling shareholders will be immediately available to such selling shareholders for use by them. The Company will not receive any proceeds from the sale of the Selling Shareholder Shares. The offering will terminate 24 months from the date that the registration statement relating to the Shares is declared effective, unless earlier fully subscribed or terminated by the Company. All costs incurred in the registration of the Shares are being borne by the Company. 

Company Quote

57.0
1.07 +1.91%
18 Apr 2014