Stallion Energy LLC et al. - 2011-12-02
Description
The company has completed a $4,800,000 initial public offering (IPO). The offering consisted of 4,800,000 Units priced at $1.00 per Unit. Each Unit consists of one share of Common stock and one five-year Warrant to purchase one share of Common stock at a price of $1.50.
Paulson Investment Company Inc., a wholly owned subsidiary of Paulson Capital Corp., served as lead manager of the offering. Paulson Investment Company Inc. has a 30-day option to purchase up to an additional 720,000 Units to cover over-allotments.