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Vantone International Group to price public offering of equity units
Offering conducted by ICM Capital Markets to fund corporate purposes
By Devika Patel
Knoxville, Tenn., Dec. 28 - Vantone International Group, Inc. will price a public offering of units, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission. The best-efforts deal has a 15% greenshoe.
The company will sell units of one common share and one warrant, with each warrant exercisable for five years.
ICM Capital Markets Ltd. is the underwriter.
Proceeds will be used for general corporate purposes.
Vantone is a Shenyang, China, manufacturer and distributor of health and beauty products, water purifying equipment and kitchen equipment.
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