THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize
on the Fastest Growing Sector of
the Stock Market, Second Edition
(Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
no time to read, try audiobooks
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Website -
Symbol - HEI.RT
Cusip Number - 40415L 11 6
Expiry Date - May 25 1993
News Releases
1993-04-21 17:36 ET - Rights Offering
The company will offer to shareholders of record on April 30 1993, rights to purchase shares of the company. One right will be issued for each share held.
Shares trade x-rt: April 26 1993
Rt trading symbol: HEI.RT
Rt security No: 834259
Rt Cusip No: 40415L 11 6
Exercise price: Four rights and $0.60 are required to purchase one share
Cash trade date: May 17 1993
Expiry date: May 25 1993
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Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right. It gives the stockholders the first opportunity, to buy the new securities.
Rights issue
An offer made by a company to its shareholders to enable them to buy new
shares in the company at a discount to the market price.
