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FIRST CASH, INC. REGISTERS WITH SEC

 ARLINGTON, Texas, April 23 /PRNewswire/ -- First Cash, Inc. announced today that it has filed a registration statement for an underwritten offering of 1,250,000 shares of the company's common stock. Dickinson & Co. will act as managing underwriter of the offering. 685,000 shares will be sold by the company, 565,000 shares will be sold by selling stockholders.
 As a condition of the underwriting, Dickinson & Co. has required the company to call for redemption the 450,000 warrants issued in the company's April 1991 initial public offering which entitle the holders to purchase 450,000 shares of common stock at an exercise price of $6.00 per share. The company intends to provide 30 days written notice to the holders of the warrants, such notice to be given on or about the effective date of the offering. This announcement does not constitute notice of redemption.
 The company plans to use the net proceeds from the offering for working capital purposes.
 A registration statement relating to these securities was filed today with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 4/23/93
 /NOTE TO EDITORS: Written or telephone requests for a copy of a written prospectus with respect to the offering should be directed to: Mary Ann Jost, First Cash, Inc., 600 Six Flags Drive, Suite 518, Arlington, Texas 76011/
 /CONTACT: Mary Ann Jost of First Cash, Inc., 817-633-7296/
 (PAWN)


CO: First Cash, Inc. ST: Texas IN: SU: OFR

WB -- NY072 -- 0120 04/23/93 13:50 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:327
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