EPIC renews offer to swap common stock for 5% convertible preferreds

By Marisa Wong

Morgantown, W.Va., May 6 – EPIC Corp. said its board of directors has authorized a fourth voluntary exchange offer of common stock for series A 5% convertible preferred stock.

EPIC will exchange one share of common stock for one share of its series A 5% convertible preferreds.

The exchange offer is limited to shareholders in street name.

The maximum number of common shares that can be exchanged is 20,000 and the minimum is 1,000.

EPIC is an Austin, Texas, special-purpose financial services company focused on health care and consumer product companies.

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