Pharma Investments, Ventures & Law Weekly
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Federal Trust Corporation
Federal Trust Corporation Announces Update to Its Rights Offering and a New Subscription Period
June 22nd, 2008
Federal Trust Corporation (AMEX:FDT) announced that it intends to update the financial and business information contained in its prospectus, dated May 12, 2008. The Company will distribute new subscription rights to shareholders of record, the previously distributed subscription rights will be canceled and the Company will return the subscription funds it has received, without interest. The Company will initiate a new subscription period for the new subscription rights as of a to-be-determined record date. More specific information regarding the new subscription period and the timing of the completion of the offering will be made public when available. The Company is...
Source: Pharma Investments, Ventures & Law Weekly (2008-06-22)
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