Everest Special Situations' stake in Concord Camera falls below 5%

By Angela McDaniels

Tacoma, Wash., July 16 - Concord Camera Corp. investor Everest Special Situations Fund LP sold 22,200 shares of the company's stock, according to a schedule 13D/A filed with the Securities and Exchange Commission

Of the total amount, 20,000 shares were sold for $2.97 apiece on July 14 and 2,200 were sold for $3.00 each on July 15.

Everest and its affiliates beneficially own 278,039 shares, or 4.7%, of the company's common stock.

Located in Hollywood, Fla., Concord Camera is in the process of dissolving and liquidating its business. It manufactured and sold single-use and 35mm traditional film cameras.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.