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Monday, January 05, 2015 11:15:34 AM
Each subscription right entitles the holder to purchase one Unit, which consists of five shares of common stock and one warrant to purchase a share of common stock for up to two years in the future at $9.00 share, making the total subscription price $45.00 per Unit.
Each holder of record on 12/12/14 will receive one right for each 60 shares owned.
Shareholders who own outstanding warrants may surrender them for a credit of $.64 per warrant surrendered toward shares purchased in the rights offering.
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
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