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Presbia sets record date for rights offering

Jan. 26, 2017 6:31 PM ETPresbia PLC (LENSF) StockBy: Douglas W. House, SA News Editor1 Comment
  • Presbia (NASDAQ:LENS) sets February 1 at 5:00 pm ET as the record date for eligible shareholders to receive, at no charge, 0.335297256 subscription rights per common share owned on February 6.
  • Under the rights offering, the company plans to offer up to 4.5M common shares at $3.00. Eligible shareholders can exercise their non-transferable and non-tradable rights from February 7 until February 23 at 5:00 pm ET, unless extended.
  • Net proceeds will be used for general corporate purposes.
  • Today's close was $3.35.

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