Rochester NY-based Montana Mills Bread Co, owner and operator of upscale village bread stores, has revealed that its initial public offering was declared effective.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The company agreed to sell 2,000,000 shares of its common stock and 2,000,000 redeemable common stock purchase warrants at a price of US$5 per share and US$.05 per warrant. The common stock and warrants will trade on the American Stock Exchange (AMEX) under the symbols MMX (common stock) and MMX.WS (warrants).
The offering is being lead-managed by Kirlin Securities. The underwriter has been granted an option to purchase up to an additional 300,000 shares of common stock and 300,000 warrants solely to cover over-allotments, if any.
A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission (SEC).
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
