MicroProbe
This article was originally published in The Gray Sheet
Executive Summary
Revises plans for initial public offering. The IPO will consist of 2.5 mil. shares of common stock and 2.5 mil. redeemable common stock purchase warrants. The shares will be offered at $6.50 per share and the warrants at 100 apiece. An earlier prospectus had called for an offering of 2 mil. units at $6 to $8 each ("The Gray Sheet" Aug. 16, p. 29).