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RMR Industrials to sell units through its $20 million public offering
Proceeds to be used for acquisitions and general working capital
By Devika Patel
Knoxville, Tenn., Sept. 11 – RMR Industrials Inc. will sell units of common shares and warrants in its public offering with a 30-day greenshoe, according to a Form S-1 filed Wednesday with the Securities and Exchange Commission. The company has registered up to $20 million of stock for the offering, which was announced as a stock sale on July 1.
Roth Capital Partners and Ladenburg Thalmann are the bookrunners.
Proceeds will be used for acquisitions and general working capital.
The development-stage company is based in Beverly Hills, Calif.
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