Printer Friendly

ACTION PRODUCTS INT'L INC. REDUCES WARRANT PRICES

 OCALA, Fla., May 7 /PRNewswire/ -- Action Products International, Inc. (NASDAQ: APII), is the museum store supplier (manufacturer and importer of custom, promotional items, space, dinosaur, aviation and science gift items) and the manufacturer of all-natural, kosher, Space and Nature Action Snacks(TM) Freeze-Dried Cheese Pizza, Ice Cream, French Fries and other all natural snacks.
 Ron Kaplan, COO of Action Products announced today that on May 5, 1993 the board of directors reduced the price of both classes of outstanding redeemable warrants. Any offers and sales will be by means of prospectus included in the registration statement filed with the Securities and Exchange Commission (SEC). Warrants may be exercised only if a current prospectus relating to the common shares underlying the warrants is then in effect and only if such common shares are qualified for sale under the applicable law of states in which exercising warrant holders reside.
 The exercise price of the Class A Warrant (NASDAQ: APIIZ) was reduced from $4.125 to $3.625 per share. The exercise price of the Class B Warrant (NASDAQ: APIIL) was reduced from $7.75 to $4.625. No other change was made.
 The Class A Warrants will expire on Oct. 29, 1993, and the Class B Warrants will expire on Nov. 1, 1994.
 -0- 5/7/93
 /CONTACT: Elissa Kaplan of Action Products International, 904-687-2202/
 (APII)


CO: Action Products International, Inc. ST: Florida IN: FOD PUB SU:

JB-SS -- FL001 -- 5800 05/07/93 08:58 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 7, 1993
Words:244
Previous Article:CONAGRA CHAIRMAN CHARLES M. HARPER TO JOIN BOARD OF FATHER FLANAGAN'S BOYS TOWN
Next Article:CHALLENGE FOR NEW UFW PRESIDENT
Topics:


Related Articles
ACTION PRODUCTS INTERNATIONAL TO REDEEM WARRANTS
SPORTS MEDIA CONDUCTS WARRANT OFFER
ACTION PRODUCTS INTERNATIONAL INC. EXTENDS CLASS A WARRANTS ONE YEAR
U.S. TRANSPORTATION SYSTEMS, INC., ANNOUNCES REDUCTION OF WARRANT EXERCISE PRICE
U.S. ALCOHOL TESTING OF AMERICA INC. ANNOUNCES SETTLEMENT AGREEMENT WITH BROOKS PARTIES
HYMEDIX, INC. REDUCES WARRANTS' EXERCISE PRICE
BONSO ELECTRONICS INTERNATIONAL INC. ANNOUNCES WARRANT EXERCISE PRICE REDUCED AND WARRANT EXPIRATION DATE EXTENDED
ACTION PRODUCTS REPORTS EARNINGS AND RECORD SALES FOR '95
HOUSEWARES EXHIBITORS FROM A TO ZYLISS (PART TWO).

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters