Sitestar Raises $10.1 Million in Recapitalization

Sitestar recapitalized the company through three capital raises between August 2016 and February 2017, raising a total of $10,105,694 by issuing 205,326,153 shares at book value. The capital is being deployed into HVAC operations and the Alluvial Fund investment.

“On August 10, 2016, November 7, 2016, and February 1, 2017, we raised a total of $10,105,694 and issued 205,326,153 shares at book value.”

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