Preferred Stock Channel
Cemtrex Inc | 10.00% Cumulative Series 1 Preferred Stock (CETXP)

Prospectus excerpt:  We are distributing, at no charge, to holders of our common stock, non-transferable subscription rights to purchase up to an aggregate of 1,500,000 units consisting of shares of our Series 1 Preferred Stock, par value $0.001 per share, which we refer to in this prospectus as the Series 1 Preferred, and two series 1 warrants to purchase shares of our common stock, par value $0.001 per share, which we refer to in this prospectus as the Series 1 Warrants. Holders of the subscription rights will be entitled to purchase any number of units, up to the aggregate number of subscription rights held by each holder, subject to proration as described herein. The purchase price for the units is $10.00 per unit. You will receive one subscription right for every two shares of common stock you own as of 5:00 p.m., Eastern time, on December 23, 2016, the record date of the rights offering.

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Series:1
Redeemable?:Yes
Call Date:5/1/2023 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:1,500,000
Pay Period:Biyearly
CDx3 Compliance Rating: Learn CETXP's Rating
Cemtrex is a technology company. Co. has two business segments, consisting of Advanced Technologies (AT) and Industrial Services (IS). Co.'s AT segment operates several brands that deliver software and hardware technologies, including: Co.'s subsidiary, Vicon Industries, Inc., which provides end-to-end video security solutions; and SmartDesk, which is focused on reinventing the workspace through developing workplace solutions. Co.'s IS segment operates through a brand, Advanced Industrial Services, that provides single-source capability and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to its customers.

Preferred: CETXP


Open the CETX Information Page »
Name:  Cemtrex Inc
Website:  www.cemtrex.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding CETX:  1 (see which ones)
Total Market Value Held by ETFs:  $1,991

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