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Clearwater manufacturer borrows $800,000 from investors

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Published: May 29, 2009

Clearwater-based aircraft instrument manufacturer Aerosonic Corp. said Thursday it borrowed $800,000 from three investors in exchange for 80,000 shares of Aerosonic stock and warrants to purchase 200,000 more.

Shares in Aerosonic stock rose 5 percent or 14 cents to $2.89 at the close of American Stock Exchange trading Thursday.

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