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Article: HERITAGE PARK FILES INITIAL PUBLIC OFFERING
- Article from:
- THE JOURNAL RECORD
- Article date:
- January 13, 1987
- Author:
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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The initial public offering of stock and warrants of Heritage Park
Financial Group Ltd., an Oklahoma City mortgage banking and real
estate investment firm, has been registered with the Securities and
Exchange Commission.
The minimum offering is for 625,000 units and the maximum
offering is for 1.25 million units, at $2 per unit, according to the
preliminary prospectus filed Dec. 22, 1986. Each unit consists of
two shares of common stock, at a par value of $.0001 cent each, and
one common stock purchase warrant, the prospectus said.
For every unit purchased, subscribers will receive one unit
warrant entitling the holder to buy one additional share of common
stock at an exercise price ...