Biologix Hair, Inc. (OTCBB:BLGX) announced a private placement of 2,000,000 common shares at $1 per share for gross proceeds of $2,000,000 on January 15, 2013. The company will issue 2,000,000 shares to investors in United States pursuant to exemption provided under Regulation D. The minimum investment accepted from the investors will be $25,000.

On May 17, 2013, Biologix Hair, Inc. closed the transaction. The company issued 375,000 shares for gross proceeds of $375,000 to five accredited investors.