FCCC, Inc. announced that it expects to receive $0.437 million in funding from American Public Investment Co. and another investor
April 25, 2021
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FCCC, Inc. (OTCPK:FCIC) announced that it has entered into a securities purchase agreement for a private placement of 1,900,000 shares to be issued at a price of $0.23 per share for gross proceeds of $437,000 on April 26, 2021. The transaction will include participation from American Public Investment Co. and accredited investor Huijun He, Chief Executive Officer of the company. The transaction is expected to close on July 25, 2021. The securities will be issued pursuant to regulation D. The shares will be subject to a hold period in the transaction.
FCCC, Inc. is a shell company. The Company's operations consist of a search for a merger, acquisition, reverse merger, or a business transaction opportunity with an operating business or other financial transaction. The Company has no arrangements or understandings with respect to any potential merger, acquisition, reverse merger or business combination candidate pursuant to which the Company may become an operating company. The Company has not restricted its search to any particular business, industry, or geographic location. In evaluating a potential transaction, the Company analyzes all available factors and makes a determination based on a composite of available facts, without reliance on any single factor. The Company has limited operations.
FCCC, INC. 
