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 - ASZ.RT
Cusip Number - 00167N 11 6
Expiry Date - December 6 1989
News Releases
1989-10-26 17:55 ET - Rights Offering
The company will offer to shareholders of record on November 6 1989 rights to purchase shares of the company. Effective at the opening October 31 1989, 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: One right exercisable for one share at $0.25 per share
Record date: November 6 1989
Shares trade x-rt: October 31 1989
Rt called for trade: October 31 1989
Rt trade for cash: November 29 1989
Rt expire: December 6 1989
Rt trading symbol: ASZ.RT
Rt security No: 834209
Rt Cusip No: 00167N 11 6
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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.
