Integrated Electrical Services $IESC announces discounted rights offering

Integrated Electrical Services, Inc. (IESC) is distributing non-transferable subscription rights to purchase ~3.9mm shares. Each stockholder will receive one right for each share they own as of 5pm July 7th. Each right entitles you to purchase 0.214578135 shares of stock at a subscription price of $5.20 per share. The market close price as of July 8th is $6.40. There is a over-subscription privilege. Source: Filing