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Arotech announces full exercise of public offering overallotment option

Thursday, 17 Jul 2014 04:01pm EDT

Arotech Corp:Announces that the underwriter of underwritten public offering of 2,860,000 shares of common stock has exercised in full its over-allotment option to purchase an additional 429,000 shares of common stock at a public offering price of $3.50 per share.Gross proceeds of the offering, including the over-allotment option, were about $11.5 million.Expects to use the net proceeds from the offering for general corporate purposes.

Suzhou Victory Precision Manufacture completes private placement

Tuesday, 15 Jul 2014 08:00pm EDT

Suzhou Victory Precision Manufacture Co Ltd:Completed issuance of 184,729,064 shares at 8.12 yuan per share through private placement.Raised 1,499,999,999.68 yuan in total from five investment entities.Says Gao Yugen is holding 36.51 pct stake in the company down from 44.93 pct, with unchanged shareholding of 359,784,000.Says Shanghai-based asset management company is holding 4.68 pct stake (46,114,437 shares), Bosc Asset Management is holding 4.67 pct (46,000,000 shares), and Chang Xin Asset Management is holding 3.64 pct (35,920,000 shares).

Bizlink Holding Inc to issue new shares

Tuesday, 15 Jul 2014 02:12pm EDT

Bizlink Holding Inc:To issue 2.5 million new shares of its common stock.New shares with par value of T$10 per share and issue price at T$110 per share ~ T$150 per share.10 pct of the new shares to be offered to the company's employees.10 pct of the new shares to be offered through public offering.Remaining 80 pct to be offered to the existing shareholders.Proceeds to be used for repaying bank loan and enriching operating funds.Subscription record date Aug. 5.

dynaCERT Inc announces closing of private placement and announces new CFO

Tuesday, 15 Jul 2014 02:00pm EDT

dynaCERT Inc:Receives subscriptions for 5,370,000 units for an aggregate of $537,000.00 of common shares at price of $0.10 per Unit.Completion of this offering is subject to approval by the TSX Venture Exchange.Proceeds will be used for general working capital and research and development.Corporation also announces that Gordon J. Barr, CPA, CA, Bsc (AGR) has been appointed company's Chief Financial Officer.Rakesh Malhotra, departing Corporation's CFO will assist Barr in transition for rest of this month.

Pilkor Electronics announces exercise of third bonds with warrants

Tuesday, 15 Jul 2014 04:16am EDT

Pilkor Electronics Co., Ltd:Says 1,000 million won worth of its third bonds with warrants have been exercised into 923,361 shares of the company at 1,083 won per share on July 15.Listing date of July 28 for all the new shares.

Dongguan Kingsun Optoelectronic Co Ltd announces private placement

Monday, 14 Jul 2014 08:00pm EDT

Dongguan Kingsun Optoelectronic Co Ltd:To issue 40.33 mln shares at 12.3 yuan per share through private placement to actual controller Li Xuliang.To raise 496,059,000 yuan in total for supplement of liquidity.

SUZUKI CO LTD to offer off-floor distribution of shares

Monday, 14 Jul 2014 02:30am EDT

SUZUKI CO LTD:To offer an off-floor distribution of 50,000 shares on Tokyo Stock Exchange on July 30.Offering price will be determined based on the closing share price of the day before the distribution.Says the limitation for purchase the distribution is up to 200 shares for each customer.

Arotech Corp prices public offering of common stock

Friday, 11 Jul 2014 08:30am EDT

Arotech Corp:Prices underwritten public offering of 2,860,000 shares of its common stock at a purchase price of $3.50 per share.Gross proceeds to the company from this offering are expected to be about $10,000,000, before deducting underwriting discounts and other estimated offering expenses.Grants underwriters a 30-day option to purchase up to an aggregate of 429,000 additional shares of common stock to cover over-allotments, if any. All of the shares in the offering are to be sold by Arotech.Offering is expected to close on July 16, 2014, subject to customary closing conditions.Expects to use the net proceeds from the offering for general corporate purposes and capital expenditures.B. Riley & Co., LLC is acting as sole book-running manager.


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