June 30, 1992 |
With an initial $100,000 from an African-American entrepreneur, two local investment firms on Monday announced the creation of a fund to invest in minority-owned companies, create jobs and revitalize inner-city areas in the wake of the Los Angeles riots. The Community Development Fund, created by Pine Cobble Partners of Covina and H. J. Meyers & Co.
September 12, 1989
New Image Industries has raised $6.5 million in an initial stock offering of 1 million shares. New Image, based in Canoga Park, makes computer imaging systems and software for the beauty, clothing, architectural, landscape and interior design industries. The company said money raised from Thursday's offering would be used to repay debt, open sales and training facilities, develop new products and expand the business. H. J. Meyers & Co. was underwriter for the offering.
November 19, 1992 |
Viratek of Costa Mesa Plans Shelf Offering: Viratek Inc., the developer of therapeutic pharmaceuticals, plans a shelf offering of 1.25 million units at $8.50 each, according to a filing Wednesday with the Securities and Exchange Commission.
September 7, 1993
Fortune Petroleum Corp., an Agoura Hills energy concern, said it is discussing "financing alternatives" with the underwriters of its canceled unit offering that would enable Fortune to acquire natural gas properties in Webb County, Tex. The company had hoped to finance the acquisition by raising about $7 million through the sale of units, each of including one share of common stock and one warrant to purchase additional stock.
August 1, 1989
New Image Industries, a Canoga Park producer of specialized computer systems, is planning to go public by selling 1 million shares of common stock. In a filing with the Securities and Exchange Commission, New Image said it anticipates selling the stock for between $6 and $6.50 a share. The proposed sale is being underwritten by H. J. Meyers & Co., Beverly Hills.
January 12, 1993
Superconductor Technologies Inc., a high-technology research firm in Santa Barbara whose initial investors include Lockheed Corp., plans to sell a minority stake to the public. In a filing with the Securities and Exchange Commission, Superconductor Technologies said it is offering 1.5 million common shares at an expected price of up to $12 a share, which would provide gross proceeds of $18 million. The offering is being managed by H.J. Meyers & Co.