May 10, 2010 (M2 PRESSWIRE via COMTEX) -- Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on Axion International Holdings Inc (OTCBB:AXIH). The Company recently released news as follows:
Axion International Holdings Inc (OTCBB:AXIH), which utilises recycled plastic for high-load industrial products, said on Friday that the company has arranged an equity investment at USD 2.05 per share, above the current market price.
Under the agreement Chicago-based Lincoln Park Capital purchased 100,000 shares of common stock at USD 2.05 per share plus warrants to acquire 50,000 shares at USD 2.91 per share.
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