Article: Path 1 Network Technologies Inc. $13,500,000 Initial Public Offering.

Path 1 Network Technologies Inc. announced that its registration statement covering the public sale of units has been declared effective by the Securities and Exchange Commission and that the underwriting agreement related to the offering has been executed by Path 1 and the underwriters. Path 1 expects that trading in the units (PNO.u) and its common stock (PNO) on the American Stock Exchange will begin one hour after market open tomorrow, July 31. The firmly underwritten offering is for 1,250,000 units at $10.80 each. A unit consists of three shares of Path 1's common stock and two warrants, each to purchase one share of Path 1's common stock.

In anticipation ...

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