Bonso Electronics Announces Exercise of Warrants
22 Março 2004 - 9:30AM
PR Newswire (US)
Bonso Electronics Announces Exercise of Warrants HONG KONG, March
22 /PRNewswire-FirstCall/ -- Bonso Electronics International, Inc
today announced that 65,964 of its publicly traded common stock
purchase warrants were exercised to purchase 32,982shares of
Bonso's common stock at $8.25 per share. The unexercised publicly
traded common stock purchase warrants expired on February 13, 2004.
Two warrants were exercisable to purchase one share of Bonso's
common stock. As a result of the exercise of the warrants, Bonso
received proceeds of $272,101.50, and the number of outstanding
shares increased to 5,708,365. About Bonso Electronics
Headquartered in Hong Kong, Bonso Electronics designs, develops,
manufactures, assembles and markets a comprehensive line of
telecommunications products, electronic scales and weighing
instruments. Bonso products are manufactured in the People's
Republic of China with customers primarily located in North America
and Europe. Company services include product design and
prototyping, production tooling, procurement of components, total
quality management, and just-in-time delivery. For further
information, visit the company's website at http://www.bonso.com/ .
The statements contained in this press release which are not
historical fact are forward looking statements that involve certain
risks and uncertainties including, but not limited to, risks
associated with the uncertainty of future financial results,
seasonality of sales of certain products, additional financing
requirements, development of new products, government approval
processes, the impact of competitive products or pricing,
technological changes, currency fluctuations, estimates of market
growth, the effect of economic conditions and other uncertainties
detailed in the company's filings with the Securities and Exchange
Commission. For more information, please contact In US - George
O'Leary Tel: +1-949-760-9611 Fax: +1-949-760-9607 In Hong Kong -
Cathy Pang Tel: +852-2605-5822 Fax: +852-2691-1724 DATASOURCE:
Bonso Electronics International, Inc CONTACT: In USA, George
O'Leary, +1-949-760-9611, or fax, +1-949-760-9607, or in Hong Kong,
Cathy Pang, +852-2605-5822, or fax, +852-2691-1724, both of Bonso
ElectronicsInternational Inc. Web site: http://www.bonso.com/
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