Printer Friendly

DEVELOPED TECHNOLOGY RESOURCE, INC. ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK AT $5 PER SHARE

 MINNEAPOLIS, April 23 /PRNewswire/ -- Developed Technology Resource, Inc. (NASDAQ: DEVT) announced today the initial public offering of 850,000 shares of common stock at a price of $5 per share. The common stock will be traded on NASDAQ under the symbol DEVT. All of the shares are being issued and sold by the company. The company has granted the underwriter an option to purchase up to an additional 127,500 shares to cover over-allotments. Equity Securities Trading Co., Inc. acted as underwriter for the initial public offering.
 Developed Technology Resource, Inc., headquartered in Minneapolis, is engaged in a broad range of business and business development activities in Russia, Ukraine, Azerbaijan, Kazakhstan and other of the Newly Independent States which comprised the former Soviet Union.
 Copies of the prospectus may be obtained from Equity Securities Trading Co., Inc., 2820 IDS Center, Minneapolis, Minn., 55402.
 -0- 4/23/93
 /CONTACT: Jim Lockman of Developed Technology, 612-828-0858/
 (DEVT)


CO: Developed Technology Resource, Inc. ST: Minnesota IN: SU: OFR

KH -- MN003 -- 0029 04/23/93 12:01 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:Apr 23, 1993
Words:174
Previous Article:LEVITZ FURNITURE INCORPORATED AND LEVITZ FURNITURE CORPORATION FILE REGISTRATION STATEMENT
Next Article:DIGITAL BIOMETRICS ANNOUNCES LOS ANGELES COUNTY SHERIFF'S DEPARTMENT CONTRACT
Topics:


Related Articles
OTR EXPRESS ANNOUNCES 1,100,000 SHARES OF COMMON STOCK OFFERED AT $5 PER SHARE
BOSTON PACIFIC MEDICAL COMPLETES INITIAL PUBLIC OFFERING AND COMMENCES TRADING
EPITOPE ANNOUNCES FINANCING FOR AGRITOPE UNIT
DEVELOPED TECHNOLOGY RESOURCE, INC. ANNOUNCES SECOND QUARTER RESULTS
DEVELOPED TECHNOLOGY RESOURCE NAMES MANAGER OF KAZAKHSTAN OPERATIONS MOVE STRENGTHENS U.S./KAZAKHSTAN BUSINESS TIES
DEVELOPED TECHNOLOGY RESOURCE, INC. NAMES DIRECTOR OF LEGAL AFFAIRS
DEVELOPED TECHNOLOGY RESOURCE, INC. ANNOUNCES THIRD QUARTER RESULTS
DEVELOPED TECHNOLOGY RESOURCE ENTERS RUSSIAN DAIRY INDUSTRY
DEVELOPED TECHNOLOGY RESOURCE MOVES HEADQUARTERS TO NEW OFFICES
SPARTA PHARMACEUTICALS ANNOUNCES EXERCISE OF UNDERWRITER'S OVERALLOTMENT OPTION

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters