Texasimall Inc.,Austin, TX, a new online shopping venue, announced today its first direct public offering for the residents of Texas, with one million shares of its common stock priced at $5.00 per share.
The $5 million offering proceeds will be used to develop and expand its operations and marketing efforts, as well as form industry alliances with vendors, manufacturers and fulfillment centers, and add working capital to create new product lines.
Texasimall Inc. is an online retailer that offers a wide selection of products through its Internet Web site at www.texasimall.com. Besides the products offered on its Web site, the site is also a gateway to other online retailers.
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