Amadeusz Juskowiak

Parlux fragrances completes initial offering

Parlux Fragrances Inc said it completed the offering of 420000 unis at 10 dlrs each through underwriters RC Stamm and Co and Rosenkrantz Lyon and Ross Inc

Each unit consists of two shares of common stock and one redeemable warrant which entitles the holder to buy an additional common share for six dlrs between Feb 26 1988 and Feb 26 1992

The company creates and markets fragrances and beauty products including the Anne Klein line through department and specialty stores