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September 2016

TRUE DRINKS HOLDINGS, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities

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Summary of TRUE DRINKS HOLDINGS, INC. – Yahoo! Finance

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Show all filings for TRUE DRINKS HOLDINGS, INC.
Form 8-K for TRUE DRINKS HOLDINGS, INC.

14-Sep-2016

Unregistered Sale of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities.
Between August 31, 2016 and September 13, 2016, True Drinks Holdings, Inc. (the “Company”) offered and sold a total of 13,400 shares of Series C Convertible Preferred Stock (the “Series C Preferred”) to accredited investors (the “Investors”) for gross proceeds of $1.34 million in connection with the Series C Offering previously disclosed by the Company in the Current Report on Form 8-K filed on April 19, 2016. As additional consideration, the Company issued five-year warrants (the “Warrants”) to the Investors to purchase an aggregate total of approximately 8.9 million shares of the Company's common stock, par value $0.001 per share (“Common Stock”), for $0.15 per share. The Company expects to use these proceeds for genera..

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