LATSHAW ENTERPRISES ANNOUNCES RIGHTS OFFERING
LATSHAW ENTERPRISES ANNOUNCES RIGHTS OFFERING WICHITA, Kan., June 24 /PRNewswire/ -- Latshaw Enterprises, Inc.
announced today that its board of directors has authorized an offering to holders of its common stock of rights to purchase up to $3.5 million aggregate principal amount of variable rate convertible subordinated debentures due 2022.
The debenture will be convertible into common stock of the company. The company currently intends to commence the rights offering at such time as it is in the best interests of the company and its stockholders, upon registration and qualification of the rights offering under the Securities Act of 1933 and applicable state securities laws. The rights offering will be made only be means of prospectus. -0- 6/24/92 /CONTACT: David G. Carr of Latshaw Enterprises, 316-942-7266, ext. 277/ CO: Latshaw Enterprises Inc. ST: Kansas IN: SU: OFR
CK-SM -- NY033 -- 3270 06/24/92 11:52 EDT
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|Date:||Jun 24, 1992|
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