Pacific Softworks Paid $4.3 Million by Underwriter - Los Angeles Times
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Pacific Softworks Paid $4.3 Million by Underwriter

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Pacific Softworks in Newbury Park received a $4.3-million payment from its underwriter, Spencer Edwards, at the close of its initial public offering.

The underwriter sold just more than 1 million units during the offering.

Pacific Softworks develops and licenses Internet and Web-related software and software development tools.

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