General Employment Enterprises, Inc. commences public offering
The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 of shares of its common stock in connection with the offering to cover over-allotments.
Roth Capital Partners is acting as the sole book-running manager of the offering. Maxim Group LLC is participating as a co-manager.
The Company intends to use the proceeds from this offering for working capital, acquisitions and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
The shares described above are being offered by the Company pursuant to a registration statement (including a prospectus) previously filed with and subsequently declared effective by the Securities and Exchange Commission, or SEC. A preliminary prospectus supplement relating to the offering has been filed with the SEC and is now available on the SEC's website at http://www.sec.gov.