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 - IZP.RT
Cusip Number - 45663E 12 8
Expiry Date - September 9 1996
News Releases
1996-07-29 17:44 ET - Rights Offering
The company will offer to shareholders of record at August 8 1996, 16,124,651 rights to purchase 2,687,442 units. One right will be issued for each share held.
Record date: August 8 1996
Rights trade for cash: September 4 1996
Shares trade ex-rights: August 6 1996
Rights expire: September 9 1996
Exercise price: Six rights and $1.20 are required to purchase one unit consisting of one share and one-half series A warrant
Rt trading symbol: IZP.RT
Rt security No: 834264
Rt Cusip No: 45663E 12 8
Wt trading symbol: IZP.WT
Wt security No: 895681
Wt Cusip No: 45663E 13 6
Exercise price: $1.40
Expiry date: September 9 1997
Unit security No: 855950
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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.
