Article: Hotel Outsource Management International Completes Rights Offering.

Hotel Outsource Management International, Inc. announced on September 8 that it has completed its previously announced subscription rights offering.

The Company raised a total of US$800,000 through new subscriptions and the conversion of shareholder loans and issued 20,000,000 shares of common stock. The proceeds of the rights offering are intended to support the implementation of HOMI's long term strategic plan.

Daniel Cohen, HOMI's ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!