Micropolis Files for Common Stock Offering
- Share via
Micropolis Corp., a Chatsworth company that makes computer disk drives, said it filed a statement with the Securities and Exchange Commission for a proposed offering of 2 million shares of common stock. Based on recent prices of Micropolis stock, which trades on NASDAQ’s National Market System, the offering would raise about $22 million.
Kidder, Peabody & Co. Inc. will manage the underwriting for the offering. Micropolis said proceeds from the offering would be used for general corporate purposes.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
