Deal Books:
400,000 shares of common stock (without par value)
American Building Maintenance Industries estimated that the net proceeds from the sale of common stock being sold by the company would be $1,532,105. Approximately $475,000 of the proceeds were to be used to repay short-term debt and those portions of long-term debt due prior to November 1, 1971. The balance was to be added to the company's general funds and initially invested in short-term obligations. None of the proceeds from the sale of the shares being sold by the selling stockholders were to be received by the company.