PRO-DEX ANNOUNCES WARRANT CONVERSION
PRO-DEX ANNOUNCES WARRANT CONVERSION CITRUS HEIGHTS, Calif., April 27 /PRNewswire/ -- Pro-Dex Inc.
(NASDAQ: PDEX) announced today that its amended registration statement covering 1,200,000 warrants exercisable for shares of common stock has been declared effective by the Securities and Exchange Commission.
Warrants are exercisable at $1.125 per share with an expiration date of May 12, 1992. The offering will be made only by means of the amended prospectus dated April 22, 1992. Pro-Dex has appointed Neidiger/Tucker/Bruner as its warrant soliciting agent. Pro-Dex Inc., leases, equips and staffs five dental centers in Sacramento-area Sears retail stores. Through its wholly owned subsidiary, Biotrol International Inc., Pro-Dex manufactures and markets a full line of infection control products specifically designed for the dental caskin care products; and a line of high-quality diamond dental burs including the Patriot, a single-patient-use bur which eliminates the concern of cross contamination as well as the costs of sterilization. -0- 4/27/92 /CONTACT: Kent Searl of Pro-Dex Inc., 303-443-8165; or Neidiger\Tucker\Bruner, 303-825-1825, or 800-525-3086, or Shannon Squyres of Corporate Relations Group, 714-955-1860, for Pro-Dex/ (PDEX) CO: Pro-Dex Inc. ST: California IN: SU:
AL -- LA030 -- 3357 04/27/92 16:27 EDT
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|Date:||Apr 27, 1992|
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