Brief: Rave Restaurant Group Inc announces equity rights offering

Rave Restaurant

15/08/2017 22:25

Aug 15 (Reuters) - Rave Restaurant Group Inc  RAVE.O : 
    * Rave Restaurant Group Inc announces equity rights offering 
    * Rave Restaurant Group Inc - commencement of a $5 million 
registered rights offering for shares of its common stock 
    * Rave Restaurant Group Inc - rights are currently 
exercisable and will expire if not exercised by 5:00 p.m., 
Dallas, Texas time, on September 8, 2017 
    * Rave Restaurant Group Inc - shareholders are being 
distributed one right for each share of common stock owned on 
August 1, 2017 
    * Rave Restaurant Group - each right entitles shareholder to 
purchase 0.3351393 shares of co's common stock at a subscription 
price of $1.40 per share 
 
Source text for Eikon:  ID:nPn6fkZL8a  
Further company coverage:  RAVE.O  
 
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