date:Jun 20, 2014
Tianli Agritech, a leading producer of breeder hogs, market hogs and black hogs headquartered in Wuhan City, China, announced that the company has completed a $3.84 million private placement of its common stock to Mr. Houliang Yu, a citizen of the PRC.
Pursuant to a Regulation S Subscription Agreement entered into on June 6, 2014, the Company issued and sold 1.6 million shares of its common stock to Mr. Yu for an aggregate consideration of $3.84 million, or $2.40 per share.
The offering price