AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) Files An 8-K Unregistered Sales of Equity Securities
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On February 13, 2017, upon exercise of warrants therefor,
Airborne Wireless Network, a Nevada corporation (the Company),
sold and issued 80,000 shares of the Companys common stock at a
price of $1.25 per share, for an aggregate price of $100,000.
Those shares were sold to an exemption from the registration and
prospectus delivery requirements of the Securities Act of 1933
(the Securities Act) specified by the provisions of Section
4(a)(2) of the Securities Act and Rule 506(b) of Regulation D
promulgated thereto. Those shares were sold and issued in a
private transaction not involving a public offering of
securities.
About AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN)
Airborne Wireless Network, formerly Ample-Tee, Inc., is a development-stage company. The Company is developing a meshed network. The Company is seeking opportunities for the acquisition of assets. For its wholesale carrier network, the Company intends to use commercial aircraft as mini-satellites. The Company’s wholesale carrier network would be the airborne broadband pipeline, providing connectivity for broadband carrier services using commercial aircraft. As of May 31, 2016, the Company had no operations and had not earned any revenues. AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) Recent Trading Information
AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) closed its last trading session down -0.23 at 3.66 with shares trading hands.
