Public Shareholders Invested $22.5mm in Ossen Innovation’s Steel Business, Now Ossen’s Chairman Offers To Buy It Back For $0.

Ossen Innovation (Nasdaq:OSN) raised $22.5mm from it's 2010 IPO (LINK) at a split adjusted price of $13.50/ADS Ossen┬áreported tangible book value of $13.80 /ADS at 3/31/17 (LINK) and has been consistently profitable since its public listing. Ossen has proposed the sale of its entire business and all assets to its Chairman for proceeds of $0 … Continue reading Public Shareholders Invested $22.5mm in Ossen Innovation’s Steel Business, Now Ossen’s Chairman Offers To Buy It Back For $0.