Printer Friendly

UNCLE B'S BAKERY FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING

 ELLSWORTH, Iowa, Sept. 2 /PRNewswire/ -- Uncle B's Bakery, Inc., announced today that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of 1,778,000 shares of common stock. It is estimated that the initial public offering price will be between $3-1/8 and $3-5/8 per share.
 The proposed offering will be made through an underwriting group led by John G. Kinnard and Company, Inc., and is expected to be made effective in October 1993. The underwriters have an option to buy an additional 266,700 shares. Proceeds will be used to repay debt and to expand marketing, advertising and production. The balance will be used for general corporate purposes.
 Uncle B's Bakery produces and markets the "Uncle B's" brand of fresh, never frozen bagels. The company's products, an alternative to frozen bagels, currently are available in refrigerated dairy cases at 4,000 supermarkets in 27 states.
 A registration statement relating to these securities has been filed 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 news release 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. The offering may be made only by a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933. Copies of the prospectus may be obtained from John G. Kinnard and Company, Incorporated, 1700 Northstar West, Minneapolis, Minn. 55402.
 -0- 9/2/93
 /CONTACT: John Swenson of Swenson/Falker Associates Inc., 612-371-0000 or Howard McClennan of Uncle B's Bakery, 515-836-4000/


CO: Uncle B's Bakery, Inc. ST: Minnesota IN: REA SU: OFR

KH-DB -- MN010 -- 8542 09/02/93 16:11 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:Sep 2, 1993
Words:336
Previous Article:REGIONAL WATER QUALITY BOARD CREATES PUBLIC/PRIVATE TECHNICAL REVIEW COMMITTEE TO ANALYZE REGULATIONS
Next Article:WHEELABRATOR TECHNOLOGIES INC. ACQUIRES HPD INCORPORATED, EXPANDING WATER TREATMENT CAPABILITIES
Topics:

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