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 - ISV.RT
Cusip Number - 89855F 11 8
Expiry Date - February 22 1989
News Releases
1989-01-20 18:03 ET - Rights Offering
The company has announced it will offer the shareholders of record on February 1 1989 rights to purchase shares of the company.
Basis of offering: One right exercisable for one share at $0.15 pershare
Record date: February 1 1989
Shares trade x-rt: January 26 1989
Rt trade for cash: February 15 1989
Rt expire: February 22 1989
Rt trading symbol: ISV.RT
Rt security No: 834260
Rt Cusip No: 89855F 11 8
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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.
