Nashville Country Club, Inc. Lists in Nasdaq National Market.NASHVILLE, Tenn.--(BUSINESS WIRE)--June 14, 1996--Nashville Country Club, Inc. (Nasdaq: NCCI NCCI National Council on Compensation Insurance (Boca Raton, FL) NCCI National Correct Coding Initiative NCCI National Company for Cooperative Insurance NCCI Namibian Chamber of Commerce and Industry ), a diversified entertainment company that markets products and services to the country lifestyle consumer, announced that its common stock and redeemable common stock purchase warrants will begin trading today in the Nasdaq National Market under the symbols NCCI and NCCIW respectively, according to Thomas J. Weaver III, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Previously, the company's common stock and redeemable common stock purchase warrants were traded in the Nasdaq SmallCap Market under the same symbols. The company consummated a secondary public offering on April 29, 1996, which provided net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). to the company of approximately $10.8 million. The company received an additional $1.4 million of net proceeds from the underwriters' exercise of their over-allotment option. The company used approximately $7.4 million of the offering's net proceeds to complete the concurrent acquisition of The Village at Breckenridge for approximately $31 million in cash, NCCI common stock and debt assumption. The year-round resort provides a variety of entertainment offerings designed to appeal to the country consumer, including skiing, fishing, mountain biking mountain biking Sports medicine A sport in which participants use specialized bicycles to navigate rough, steep trails covered with unforgiving rocks Injury risk Concussions, fractures, death. See Extreme sport, Novelty seeking behavior. , horseback riding, concerts, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. and retail shopping. Nashville Country Club, Inc., headquartered in Tennessee, is a diversified entertainment company that markets goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. to the country lifestyle segment of the consumer market. CONTACT: Jerry Daly or Carol McCune (609) 383-1414 |
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