Xponential, Inc. Announces Final Results of Offering for 3,000,000 Shares of Common Stock of Integrity Mutual Funds, Inc.
25 Mai 2006 - 1:23AM
PR Newswire (US)
NORCROSS, Ga., May 24 /PRNewswire-FirstCall/ -- Xponential, Inc.
(OTC:XPOI.OB) (BULLETIN BOARD: XPOI.OB) ("Xponential") today
announced the final results of Xponential's cash tender offer to
purchase up to 3,000,000 shares of common stock of Integrity Mutual
Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) (the "Shares"). The
offering period expired, as scheduled, at 5:00 p.m., Eastern
Daylight Time, on May 23, 2006. Based on information provided by
Continental Stock Transfer & Trust Company, the depositary for
the offer, an aggregate of approximately 1,311,012 shares,
representing approximately 9.67% of the outstanding shares of
common stock, were validly tendered prior to the expiration of the
offering period. All such shares validly tendered have been
accepted for purchase in accordance with the terms of the offer.
Prior to the commencement of the offering, Xponential beneficially
owned 140,000 shares, or 1.033% of the outstanding common stock of
Integrity Mutual Funds, Inc. As of the date hereof, Xponential
beneficially owns approximately 1,451,012 shares, or 10.7% of the
outstanding common stock of Integrity. In addition, Dr. J. Robert
Collins, a director of Xponential, beneficially owns 1,000 shares,
or 0.007%; and Dwayne A. Moyers, a director of Xponential,
beneficially owns 47,500 shares, or 0.35% of the outstanding common
stock of Integrity, which shares were acquired prior to the
offering. DATASOURCE: Xponential, Inc. CONTACT: Dwayne Moyers of
Xponential, Inc., +1-817-731-9559 Web site:
http://www.xponential.us/
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