Martin Lawrence Plans to Issue 2 Million Shares

Martin Lawrence Limited Editions, based in Van Nuys, plans to issue 2 million more shares of common stock. The lead underwriter will be Bateman Eichler, Hill Richards. About 600,000 shares of stock will be sold by current shareholders, including company executives. Martin Lawrence, which operates a chain of art galleries, now has 5 million shares of stock outstanding.

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