Rochester, NY 8/5/2009 8:55:21 AM
After Hours - Fuqi International, Inc. FUQI, Fuqi International Recently Release Price for its Common Stock Offering
Fuqi International, Inc.
Fuqi International Inc. officially announced the price for its public offering last Friday. The company has a public offering of 4.9 million of its common shares was priced at $21.50 each.
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The Chinese jewelry company also announces the plans of the company to use the estimated $97.5 million net proceeds for general corporate purposes, including the expansion of its retail business, capital expenditures, working capital and possible acquisitions.
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