|
|
Article: American Lorain Announces $12 Million Private Placement.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
CopyrightCOPYRIGHT 2009 NewsRX. 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)
|
American Lorain Corporation, an international processed foods company based in Shandong Province, People's Republic of China, announced that it has agreed to sell approximately 5 million shares of its Common Stock at a price of $2.40 per share (approximately $12 million in the aggregate) to several accredited investors in a private placement transaction. The transaction will include Series A warrants to purchase approximately 1.7 million additional shares of common stock at an exercise price of $3.70 per share. The Series A warrants will be exercisable six months after the closing of the transaction, and have a term of five years thereafter. In addition, the transaction ...
Related newspaper, magazine, and journal articles:
|
|
Article: American Lorain Forms Partnership to Increase ...
PR Newswire;
July 15, 2009 ;
700+ words
... ... PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (BULLETIN BOARD: ALRC) ("American Lorain" or the "Company"), an international ... the "Distributor") to introduce American Lorain's products to the United States ...
|
|