• Most Popular
  • Most Shared

Rainmaker Sys prices follow-on offering of common stock

Thu Apr 19, 2007 8:38pm EDT
Co announced that it has priced a follow-on public offering of 4,165,690 shares of its common stock at a price of $8.50 per share, before underwriting discounts and commissions. The offering consisted of 3,500,000 newly-issued primary shares offered by the Co and 665,690 shares offered by the selling stockholders named in the prospectus supplement. In addition, the Co has granted the underwriters a 30-day option to purchase up to an additional 624,853 shares of common stock to cover over-allotments, if any.



More from Reuters

Photo

U.S. retail sales rise strongly in November

WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in November as consumers spent more on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

» More Top News
A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar
EXCLUSIVE:

PIMCO finds its calling

It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

Funds
A security personnel stands guard near oil pipelines at Tawke oil field near Dahuk, 400 km (245 miles) north of Baghdad May 9, 2009. REUTERS/Azad Lashkari

Now or never for Big Oil

The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields.  Full Article 

Energy