Fly News Breaks for March 5, 2015
VPCO
Mar 5, 2015 | 09:18 EDT
Vapor Corp. and Vaporin completed a previously announced merger of the two companies. Per the terms of the agreement, Vapor issued 13,591,549 shares of common stock to Vaporin shareholders, assumed Vaporin's restricted stock units and warrants and simultaneously completed a $3.5M equity financing in conjunction with the closing of the transaction.
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