General Corporate Purposes The proceeds are being used for general corporate and marketing uses. (I have seen lots of advertising activity on Bloomberg channel past couple of days so I guess they are pumping their stock. This will be priced lower than the market and it is not a bought deal it is a best efforts basis which means Mackie Research is not guaranteeing the full distribution of the units. These are usually priced up to 10% cheaper than last market price.
Hope I am surprised.