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Nutriceuticals.com Hopes To Raise $8.7 Mil. Via Public Offering

This article was originally published in The Tan Sheet

Executive Summary

The dietary supplement online retailer Nutriceuticals.com expects to raise $8.7 mil. through its secondary public offering of 1 mil. shares of common stock at the expected price of $10 per share. The firm will have 6.2 mil. shares outstanding after the offering. The proceeds would reach $10 mil. if the underwriter fully exercises its over-allotment option. Nutriceuticals.com is applying to have the stock listed on the NASDAQ SmallCap Market under the symbol JCOM.
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