Proto Labs Announces the Pricing of its Follow-On Public Offering
15 Novembro 2012 - 9:45PM
Business Wire
Proto Labs, Inc. (NYSE: PRLB) announced today the pricing of a
follow-on offering of 3.6 million shares of its common stock, of
which 3.5 million shares will be sold by certain selling
shareholders and 100,000 shares will be sold by Proto Labs, at a
price to the public of $31.00 per share. In addition, certain of
the selling shareholders have granted the underwriters an option to
purchase up to an additional 540,000 shares of common stock. Proto
Labs will not receive any of the proceeds from the sale of the
shares sold by the selling shareholders.
The principal purposes of this offering are to facilitate an
orderly distribution of shares for the selling shareholders and to
increase Proto Labs’ public float. Proto Labs intends to use the
proceeds that it receives from the offering to pay the expenses
that it incurs in connection with the offering and for working
capital and general corporate purposes. As part of the offering,
Proto Labs, all selling shareholders, as well as all of Proto Labs’
executive officers and directors, have entered into lock-up
agreements for a period of 90 days following the offering.
Morgan Stanley & Co. LLC and Piper Jaffray & Co. are
acting as joint book-running managers for the offering. William
Blair & Company, L.L.C., Needham & Company, LLC,
Craig-Hallum Capital Group LLC and Dougherty & Company LLC are
acting as co-managers for the offering.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
November 15, 2012. This offering will be made only by means of a
prospectus. A copy of the final prospectus, when available, may be
obtained from the offices of Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, New York 10014, or by email at prospectus@morganstanley.com;
or Piper Jaffray & Co., Attention: Prospectus Department, at
800 Nicollet Mall, J12S03, Minneapolis, MN 55402, or by email at
prospectus@pjc.com
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Proto Labs, Inc.Proto Labs is a leading
online and technology-enabled quick-turn manufacturer of custom
parts for prototyping and short-run production. Proto
Labs provides “Real Parts, Really Fast” to product developers
worldwide. Proto Labs utilizes computer numerical control
(CNC) machining and injection molding to manufacture custom parts
for our customers.
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this press release regarding matters
that are not historical facts are “forward-looking statements”
within the meaning of The Private Securities Litigation Reform Act
of 1995. These statements involve known and unknown risks,
uncertainties and other factors which may cause the results of
Proto Labs to be materially different than those expressed or
implied in such statements. Certain of these risk factors and
others are described in the “Risk Factors” section of the
preliminary prospectus relating to the proposed offering, as filed
with the SEC, as well as in Proto Labs’ subsequent reports filed
with the SEC. Other unknown or unpredictable factors also could
have material adverse effects on Proto Labs’ future results. The
forward-looking statements included in this press release are made
only as of the date hereof. Proto Labs cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, Proto Labs expressly disclaims
any intent or obligation to update any forward-looking statements
to reflect subsequent events or circumstances.
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