Printer Friendly

FONIC AMENDMENT TO REGISTRATION STATEMENT IS DECLARED EFFECTIVE

 FONIC AMENDMENT TO REGISTRATION STATEMENT IS DECLARED EFFECTIVE
 NEW YORK, Sept. 28 /PRNewswire/ -- Fonic Inc. (NASDAQ: FONCF) today announced that a post-effective amendment to its registration statement on Form F-1, covering shares of Fonic common stock issuable upon conversion of the company's redeemable Class A warrants, was declared effective by the Securities and Exchange Commission on Sept. 25, 1992. As a result, the outstanding redeemable Class A warrants are now exercisable.
 Currently, each redeemable Class A warrant entitles its holder to purchase, through May 20, 1993, two shares of the company's common stock at an exercise price of US$1.625 per share. Exercise of the redeemable Class A warrants may be accomplished by returning the warrant certificates (with the subscription form on the reverse side of the warrant certificate completed and executed) to the company's warrant agent, Continental Stock Transfer & Trust Company, Transfer Department, 2 Broadway, 19th Floor, New York, NY 10004, together with a check made payable to Fonic Inc. in the amount of the aggregate exercise price. Those warrantholders who do not hold their warrant certificates directly should contact their brokerage firm for instructions.
 -0- 9/28/92
 /CONTACT: Sam Witchel of Scharff, Witchel & Co., 212-983-1060, for Fonic/
 (FONCF) CO: Fonic Inc. ST: New York IN: SU:


GK-OS -- NY019 -- 3865 09/28/92 09:52 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 28, 1992
Words:219
Previous Article:GULF CANADA RESOURCES LIMITED - LARGE SOUTH SUMATRA GAS FIND CONFIRMED
Next Article:COMMAND CREDIT CORP. CHOSEN TO IMPLEMENT CARD DATA NETWORK; NEW MEDICAL CREDIT CARD TO REDUCE ADMINISTRATION COSTS OF HEALTHCARE NATIONWIDE
Topics:


Related Articles
FONIC EXTENDS ITS CLASS A REDEEMABLE WARRANT EXERCISE PERIOD UNTIL MAY 20, 1993
FONIC ISSUES STATEMENT ON STOCK ACTIVITY
CASINO AMERICA FILES AMENDMENT TO REGISTRATION STATEMENT
FONIC BOARD OF DIRECTORS HOLDS SPECIAL MEETING
FONIC NAMES WHITMAN & RANSOM AS GENERAL COUNSEL
FONIC RETAINS NEW TRANSFER AGENT
MICRO BIO-MEDICS PREPARING AMENDMENT TO UPDATE REGISTRATION STATEMENT; EXERCISE OF WARRANTS SUSPENDED AFTER MARCH 31
HARKEN TERMINATES OUTSTANDING REGISTRATION STATEMENTS
FOCUS Enhancements Updates Holders of Its Publicly-Traded Warrants
Exult, Inc. Files Post-Effective Amendment to Registration Statement for Resale of 2.50% Convertible Senior Notes Due 2010.

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