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special offering

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special offering
A secondary distribution on the floor of the New York Stock Exchange by an exchange member. A special offering is generally priced at the current market price of the security being offered, with the seller absorbing all costs. Thus, members buying parts of the offering for their clients or their own inventory can avoid any fees. The selling member is able to sell a block of stock without having to give a price concession to buyers.


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25 each during the Special Offering Period which ended September 12, 1995.
BUSINESS WIRE)--August 17, 1995--Organik Technologies, Inc (NASDAQ--ORGK) today announced that it is extending the Special Offering Period for exercise of its Class "A" and Class "B" Warrants to the close of business on Thursday, September 8, 1995.
 
 
 
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