InfoSonics Announces Two-for-One Split of Its Common Stock
31 Mai 2006 - 2:30PM
Business Wire
InfoSonics Corporation (AMEX:IFO), one of the fastest growing
distributors of wireless handsets in the United States and Latin
America, announced today that its Board of Directors has approved a
two-for-one split of its outstanding common stock. The split is
payable on June 19, 2006, to holders of record on June 9, 2006. The
stock split will be accomplished through a 100% stock dividend,
providing shareholders with one additional share of common stock
for every one share they hold. After the stock split, InfoSonics'
outstanding shares of common stock will increase from the current
approximately 6.9 million shares to approximately 13.8 million
shares, without considering any exercise or conversion of
outstanding options and warrants after May 30, 2006. About
InfoSonics Corporation InfoSonics is one of the fastest growing
distributors of wireless handsets and accessories in the United
States and Latin America. InfoSonics provides end-to-end handset
and wireless terminal solutions for network operators in both the
United States and Latin America. These solutions include product
approval and certification, light assembly, logistics services,
marketing campaigns, warranty services, and end-user support. For
more information please visit http://www.infosonics.com.
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