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Full House Resorts (FLL) Announces Proposed $5M Rights Offering

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Full House Resorts Announces Proposed Rights Offering

August 15, 2016 1:04 PM EDT

LAS VEGAS, Aug. 15, 2016 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (NASDAQ: FLL) announced today that it has filed a registration statement on Form S-3 with the Securities and Exchange Commission for a proposed $5,000,000 rights offering.  The company expects to distribute, at no charge, non-transferable subscription rights to purchase shares of our common stock, par value $0.0001 per share, for $1.30 per share.  The subscription rights will be exercisable for up to a total of 3,846,154 shares of Full Houses common stock.

In the proposed rights offering, each right... More