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Article: ARCADIAN CORPORATION PLANS SECONDARY OFFERING OF COMMON STOCK ON BEHALF OF STOCKHOLDERS AND WARRANTHOLDERS
- Article from:
- PR Newswire
- Article date:
- October 25, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(NYSE: ACA ACAPrA) announced today that it intends to register an underwritten public offering of its Common stock on behalf of holders of Common Stock and holders of warrants to purchase Common Stock. Only holders of Common Stock and warrants to purchase Common Stock, will be entitled to participate in the secondary offering. Arcadian will not sell any shares of Common Stock in the offering, and the offering will not increase the number of shares of Common Stock outstanding.
Arcadian has received a notice from a holder of Common Stock who is a party to a registration rights agreement with Arcadian. In the notice, the stockholder requested that Arcadian register an ...