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American Oriental (AOB) Files S-3 to Sell Up to 150M in Shelf Sale

October 12, 2009 7:20 AM EDT
AOB Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: +42.9%
American Oriental Bioengineering (NYSE: AOB) today announced that it is offering to sell, subject to market and other conditions, 150,000,000 shares of its common stock, warrants to purchase common stock and units comprised of common stock and warrants from time to time over a three year time period. The terms of any such future offerings would be established at the time of the offering.

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