TIMCO Aviation Services, Inc. Reports Completion of Rights Offering and Reverse Split (PR Newswire via Yahoo! Finance)

TIMCO Aviation Services, Inc. today reported that it has closed its previously announced rights offering. In the rights offering, the Company sold 9,451,027 shares of its post-reverse split common stock, consisting of: cash subscriptions to purchase 5,491,190 shares of the Company's post- reverse split common stock for an aggregate cash purchase price of $26,357,712, and 3,959,837 shares of the

TIMCO Aviation Services, Inc. Reports Completion of Rights Offering and Reverse Split (PR Newswire via Yahoo! Finance)

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