ALAMAR BIOSCIENCES, INC. ANNOUNCES PROPOSED PRIVATE FINANCINGS.SACRAMENTO, Calif.--(BUSINESS WIRE)--April 28, 1995--ALAMAR BIOSCIENCES, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (the "Company") today announced that it is proposing to offer and sell a maximum of $2,500,000 of the Company's Common Stock pursuant to Regulations D and S. The shares of Common Stock offered will not be registered under the Securities Act of 1933, as amended (the "Act"), and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. absent registration or an applicable exemption from registration requirements. The purpose of the offerings is to raise funds for working capital and to meet the capital and surplus requirements for continued listing of the Company's securities on the Nasdaq SmallCap Market. In light of the foregoing, the Company has discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: its previously announced plans to privately offer and sell discounted notes and warrants and has suspended sus·pend v. sus·pend·ed, sus·pend·ing, sus·pends v.tr. 1. To bar for a period from a privilege, office, or position, usually as a punishment: suspend a student from school. its previously announced plans to conduct a warrant solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual . CONTACT: Company Contacts: Mark Santor Chief Financial Officer Alamar Biosciences, Inc. (916) 567-3475 or Michele Fasano Lippert/Heilshorn & Associates (212) 838-3777 |
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