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Box Ships (TEU) says it's scrapping its 700K unit TEU) says it's scrapping its 700K unit...
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Friday, July 6, 2012, 5:08 PM ETBox Ships (TEU) says it's scrapping its 700K unit secondary offering of preferred units and warrants due to poor market conditions. The company says it may revisit the issue at a later date if the market improves. Shares -4.4% AH.
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This news story has 2 comments:
That's not very significant for a thinly-traded stock, perhaps even based on the bid price rather than an actual transaction.