Accelerix Incorporated Obtains Receipts for Final Prospectus Filed with Securities Regulatory Authorities in Ontario, British Columbia and Quebec.OTTAWA--(BUSINESS WIRE)--June 9, 1998--Accelerix Incorporated ("Accelerix") announced today that it filed on June June: see month. 8, 1998, and obtained receipts for, a final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. dated June 5, 1998, from each of the securities regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities in Ontario, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography and Quebec. The final prospectus was filed in connection with the qualification of up to 2,964,644 Class A Voting Common Shares and up to 2,964,644 Class B Non-Voting Shares of Accelerix issuable upon the exercise of 2,964,644 special warrants issued by Accelerix in November and December 1997 as part of a U.S. $11,858,576 financing. The special warrants were issued at a price of U.S. $4.00 per special warrant and Accelerix will realize no further consideration upon the exercise of the special warrants. The special warrants will be deemed to have been exercised on the 5th business day following the issuance of the receipts for the final prospectus referred to above. Certain of the special warrants were sold to purchasers in Ontario, British Columbia and Quebec while the remaining special warrants were sold to purchasers outside of Canada. Accelerix is an Ottawa-based company specializing in the design and marketing of graphics accelerators A display adapter that performs a specialized set of graphics functions to render an image on screen. Today, all display adapters provide basic rendering functions in hardware, but many have graphics processing units (GPUs) that are sophisticated computers. for the world wide personal computer marketplace.
CONTACT: Accelerix Incorporated, Ottawa
Richard White, 613/728-0053
www.accelerix.com
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