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//house-home.news-articles.net/content/2009/06/0 .. tes-secondary-offering-for-icop-digital-inc.html
Published in House and Home on Friday, June 5th 2009 at 8:19 GMT, Last Modified on 2009-06-05 08:20:32 by Market WirePORTLAND, OR--(Marketwire - June 5, 2009) - Paulson Investment Company, Inc., a wholly owned subsidiary of Paulson Capital Corp. (
The units are composed of 12 shares of common stock and 12 warrants, at an offering price of $4.60 per unit. Each warrant has a six-month term with an exercise price of $ .418.
Paulson Investment Company, Inc. served as lead manager of the offering and has been granted an option to exercise up to 97,500 additional units through the Green Shoe option. If exercised, this could raise an additional $390,195.
"This event marks the completion of 164 offerings by Paulson Investment Company, Inc. and the generation of more than $1.2 billion for client companies over nearly 40 years in business," said Trent Davis, Chief Executive Officer, Paulson Investment Company, Inc. "Paulson continues to support tenacious and innovative companies like ICOP that are positioned to grow and thrive even in the most challenging market conditions."
About Paulson Capital Corporation
Paulson Capital Corporation is the parent company to Paulson Investment Company, Inc. Headquartered in Portland, Oregon, Paulson Investment Company, Inc. is the Northwest's largest independent brokerage firm and a national leader in public offerings of small and emerging growth companies with capital needs of $5 million to $45 million. Founded by Chester "Chet" Paulson in 1970, it has managed or underwritten 164 securities offerings and has generated more than $1.2 billion for client companies. Paulson Investment Company, Inc. has 37 branch offices throughout the country.
This release may contain "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties. Actual results of achievements may be materially different from those expressed or implied. The Company's plan and objectives are based on judgments with respect to future conditions in the securities markets as well as general assumptions regarding the economy and competitive environment in the securities industry, which can be volatile and out of our control. In particular, we make assumptions about our ability to complete corporate finance transactions and increase the volume and size of our securities trading operations, which are difficult or impossible to predict accurately and often beyond the control of the Company. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.
