Common Stock ($0.001 par value) Underwriting AgreementUnderwriting Agreement • June 5th, 2009 • Pico Holdings Inc /New • Real estate • New York
Introductory. PICO Holdings, Inc., a California corporation (“Company”), proposes to issue and sell (the “Offering”) to ThinkEquity LLC (the “Underwriter”) an aggregate of 3,055,556 shares of the Company’s Common Stock, par value $0.001 (the “Underwritten Securities”). The Company also proposes to issue and sell at the Underwriter’s option, solely to cover over-allotments, an aggregate of up to 458,333 additional shares of the Company’s Common Stock, par value $0.001 (the “Option Securities”, and together with the Underwritten Securities, the “Securities”) as set forth below.
