Proto Labs Announces the Full Exercise of the Underwriters' Option to Purchase Additional Shares & Completion of Its Follow-O...
21 Novembro 2012 - 1:59PM
Business Wire
Proto Labs, Inc. (NYSE: PRLB) announced today the completion of
a follow-on offering of 4,140,000 shares of its common stock, of
which 4,040,000 shares were sold by certain selling shareholders
and 100,000 shares were sold by Proto Labs, at a price to the
public of $31.00 per share. The 4,040,000 shares sold by the
selling shareholders include 540,000 shares sold pursuant to the
full exercise by the underwriters of their option to purchase
additional shares from certain selling shareholders. Proto Labs did
not receive any of the proceeds from the sale of the shares sold by
the selling shareholders.
The principal purposes of this offering were 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 received from the offering to pay the expenses
that it incurred 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. acted
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 acted as
co-managers for the offering.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission (SEC)
on November 15, 2012. A final prospectus related to this offering
has been filed with the SEC and is available on the SEC’s website
located at www.sec.gov. Copies of the final prospectus 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 final
prospectus relating to the 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.
Proto Labs (NYSE:PRLB)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Proto Labs (NYSE:PRLB)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024