Premier exercises overallotment option

17 Jun 2002

Premier Laser Systems (Irvine, CA) has completed its public offering with the issuance of 1650 immediately separable units; 11,000 immediately separable units were sold in the October public offering. Each $1000 unit, including the overallotment, consisted of 190 shares of the company's Class A Common Stock and 95 Class B Warrants; Premier realized net proceeds of roughly $10.7 million from the total offering.
Courtesy of Laser Focus World