Rosewind CORP just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

USE OF PROCEEDS

 

The 186,190 shares currently outstanding that are being offered for resale by Lincoln Park, the selling stockholder, will be sold for the account of Lincoln Park. As a result, all proceeds from the sales of the 186,190 shares of common stock currently outstanding and offered for resale hereby will go to Lincoln Park and we will not receive any proceeds from the resale of those shares of common stock by Lincoln Park.

 

Included in the 186, 190 shares previously issued to Lincoln Park in July 2016 are 133,690 shares that we sold to Lincoln Park for $500,000. We may receive up to an additional $10,000,000 in gross proceeds if we issue to Lincoln Park all of the additional shares issuable pursuant to the Purchase Agreement. However, we are not registering for sale and are not offering under this prospectus all of the shares issuable pursuant to the Purchase Agreement. As we are unable to predict the timing or amount of potential issuances of all of the shares offered hereby, we have not allocated any proceeds of such issuances to any particular purpose. Accordingly, all such proceeds are expected to be allocated to working capital. It is possible that no shares will be issued under the Purchase Agreement.

 

After the issuance of any of the shares issuable under the Purchase Agreement, we would not receive any proceeds from the resale of those shares by Lincoln Park because those shares will be sold for the account of Lincoln Park.

 

We will incur all costs associated with this registration statement and prospectus.

 

MARKET FOR COMMON STOCK

 

Our common stock is quoted on the OTCQX under the symbol “AYTU.” Prior to December 14, 2015, our common stock was quoted on the OTCQB Market. The following table sets forth the range of bid and asked closing quotations for our common stock on the OTCQX or OTCQB, for the periods shown. The quotations represent inter-dealer prices without retail markup, markdown or commission, and may not necessarily represent actual transactions.

 

 

 

On September 15, 2016, the closing price as reported on the OTCQX of our common stock was $3.45. As of September 15, 2016, there were 477 holders of record of our common stock.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Registration statement under Securities Act of 1933 - Nov. 22, 2017
Rosewind CORP director just picked up 50,000 shares - Nov. 9, 2017
Rosewind CORP's Chief Operating Officer just picked up 100,000 shares - Nov. 9, 2017
Rosewind CORP director just picked up 50,000 shares - Nov. 9, 2017
Rosewind CORP director just picked up 50,000 shares - Nov. 9, 2017

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