Beautiful certificate from the New York Bagel Enterprises, Inc
issued in 1997. This historic document was printed by American Banknote Company and has an
ornate border around it with a vignette of the company logo. This item has the signatures of the Company's Chairman and Secretary and is over 10 years old.
August 27, 1996 - Press Release
New York Bagel Enterprises, Inc. Prices Initial Public Offering Of 2 Million Shares At $9.00 Per Share
WICHITA, Kan. --Aug. 27, 1996--New York Bagel Enterprises, Inc. (Nasdaq/NM: NYBS) today announced its initial public offering of 2.0 million shares of the Company's common stock at $9.00 per share. Of the shares of common stock offered, 1,800,000 of the shares were sold by the Company and 200,000 of the shares were sold by selling stockholders. New York Bagel intends to use the net proceeds from the sale of its shares to repay bank indebtedness, to finance the development of Company-owned restaurants, for possible acquisitions and for general corporate purposes.
Rauscher Pierce Refsnes, Inc. and J.C. Bradford & Co. are the managing underwriters of the offering. New York Bagel and the selling stockholders have granted the underwriters an over-allotment option to purchase up to 300,000 additional shares of common stock. The shares trade in the Nasdaq Stock Market (National Market) under the symbol NYBS.
New York Bagel Enterprises, Inc. owns and franchises 52 quick- service New York Bagel restaurants in 16 states that serve generous portions of fresh, high quality food with fast, friendly service at an attractive price-value relationship. The restaurants provide a selection of up to 20 varieties of bagels that are made from scratch, boiled and baked throughout the day in the traditional "New York style." Breakfast menu items also include custom blended cream cheeses, breakfast bagel sandwiches, gourmet coffees, muffins and croissants. Lunch and dinner items include an assortment of bagel delicatessen sandwiches, prepared salads, cookies and soft drinks.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the Prospectus relating to the offering may be obtained from the managing underwriters.
CONTACT: New York Bagel Enterprises, Inc., Wichita
Robert J. Geresi, 405/624-3700
New York Bagel Files Chapter 11
STILLWATER, Oklahoma (February 3, 2000) - New York Bagel Enterprises, Inc. announced that it has filed for bankruptcy under Chapter 11 which will afford the Company protection from its creditors. The Company expects to liquidate the Company and intends to submit a plan outlining the details of the liquidation to the bankruptcy court in the near future. The Company anticipates that the restaurants will remain open during the liquidation process.
Headquartered in Stillwater, Oklahoma, New York Bagel Enterprises, Inc., owns and franchises New York Bagel restaurants and owns Lots A' Bagels restaurants that serve generous portions of fresh, high quality food with fast, friendly service at an attractive price-value relationship. New York Bagel and Lots A' Bagels restaurants provide a selection of up to 20 varieties of bagels that are made from scratch, boiled and baked throughout the day in the traditional "New York style."
New York Bagel Enterprises, Inc., 405-624-3700