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
Quick Links:
Back to Home Page Back to Rights News Sheets Back to Expired Rights
Website -
Symbol - IVS.RT
Cusip Number - 46055M 11 6
Expiry Date - December 12 1988
News Releases
1988-11-01 18:30 ET - Rights Offering
The company will offer to shareholders of record on November 10 1988 rights to purchase shares of the company. Effective at the opening November 4 1988, the shares of the company will trade ex-rights and the rights will be posted and called for trading at that time on a when-issued basis.
Basis of offering: Four rights exercisable for one share at $0.25 per share
Record date: November 10 1988
Shares trade x-rt: November 4 1988
Rt called for trade: November 4 1988
Rt trade for cash: December 5 1988
Rt expire: December 12 1988
Rt trading symbol: IVS.RT
Rt security No: 834257
Rt Cusip No: 46055M 11 6
© 2015 Canjex Publishing Ltd. All rights reserved.
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.
