To-Fitness Inc said it has changed the terms of a proposed five mln unit offering expected to be made at 1000 dlrs per unit through underwriter Eastlake Securities Inc. The company said now each unit will consist of 100 redeemable cumulative preferred shares and a number of common shares to be determined at the time of the offering. Previously the units were to consist entirely of preferred.
TO-FITNESS <TFIT> CHANGES OFFERING TERMS