Company sells 10 million shares on self-underwritten basis in offering
By Devika Patel
Knoxville, Tenn., April 7 – 1pm Industries, Inc. priced a $10 million public offering of stock, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission.
The company will sell 10 million common shares at $1.00 per share on a self-underwritten basis.
The company is based in Beverly Hills, Calif. Its business focus is on direct marketing and infomercials of consumer-related products.
| Issuer: | 1pm Industries, Inc.
|
| Issue: | Common stock
|
| Amount: | $10 million
|
| Shares: | 10 million
|
| Price: | $1.00
|
| Warrants: | No
|
| Pricing date: | April 7
|
| Stock exchange: | OTCBB: OPMZ
|
| Stock price: | $1.00 at close April 2
|
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