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ACORN ANNOUNCES ITS REGISTRATION STATEMENT HAS BEEN DECLARED EFFECTIVE

ACORN ANNOUNCES ITS REGISTRATION STATEMENT HAS BEEN DECLARED EFFECTIVE
 POMPANO BEACH, Fla., Nov. 6 /PRNewswire/ -- Acorn Venture Capital Corporation (NASDAQ: AVCC) announced today that its registration statement covering 1,200,000 shares of common stock had been declared effective yesterday by the Securities and Exchange Commission.
 F.N. Wolf & Co., Inc., is the underwriter of this offering. Acorn, a registered business development company, will have, after giving effect to the issuance of the above shares, 2,563,906 shares of common stock outstanding.
 Acorn's common stock is traded on NASDAQ under the symbol AVCC.
 -0- 11/6/92
 /CONTACT: Stephen A. Ollendorff, 212-481-9500, for Acorn/
 (AVCC) CO: Acorn Venture Capital Corporation ST: Florida IN: SU: OFR


GK-LR -- NY060 -- 8284 11/06/92 15:52 EST
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Publication:PR Newswire
Date:Nov 6, 1992
Words:125
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