Knoll, Inc. Announces Filing of Universal Shelf Registration Statement
21 Agosto 2009 - 5:41PM
PR Newswire (US)
EAST GREENVILLE, Pa., Aug. 21 /PRNewswire-FirstCall/ -- Knoll, Inc.
(NYSE: KNL) announced today that it filed a universal shelf
registration statement on Form S-3 with the Securities and Exchange
Commission ("SEC"). The shelf registration is subject to review by
the SEC. Upon being declared effective, the shelf registration
statement will permit Knoll to offer and sell from time to time, up
to $300 million of equity, debt, or other types of securities
described in the registration statement, or any combination
thereof, in one or more future public offerings. Knoll does not
currently have any commitments or intentions to sell securities.
Future offerings, if any, will be made only by means of a written
prospectus or other permitted documents. At the time of any future
offering, Knoll will file a prospectus supplement with the SEC
outlining the type of securities, amounts, prices, use of proceeds
and other terms of the offering. A registration statement relating
to these securities has been filed with the SEC but has not yet
become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time that the registration
statement becomes effective. This press release does not constitute
an offer to sell or the 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 law of any
such state or jurisdiction. Cautionary Statement Regarding
Forward-Looking Information Some of the statements in this press
release may be deemed "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and Section 27A of the Securities Act of 1933, as amended.
All statements, other than statements of historical fact, that
discuss goals, intentions and expectations as to future trends,
plans, events, results of operations or financial condition, or
state other information relating to us, based on our current
beliefs as well as assumptions made by us and information currently
available to us are forward-looking statements. Forward-looking
statements generally may be accompanied by words such as
"anticipate," "believe," "could," "estimate," "expect," "forecast,"
"intend," "may," "possible," "potential," "predict," "project," or
other similar words, phrases or expressions. Such statements are
based upon certain assumptions and assessments made by us in light
of our experience and our perception of historical trends, current
conditions and expected future developments. Actual results and the
timing of events may differ materially from those projected in such
forward-looking statements due to a number of factors, including,
but not limited to: changes in the economy or financial stability
of our clients resulting in decreased corporate spending and
service sector employment; changes in relationships with clients;
the mix of products sold and of clients purchasing our products;
the success of new technology initiatives; changes in business
strategies and decisions; competition from our competitors; our
ability to recruit and retain an experienced management team;
changes in raw material prices and availability; restrictions on
government spending resulting in fewer sales to one of our largest
customers; our debt restrictions on spending; our ability to
protect our patents, copyrights and trademarks; our reliance on
furniture dealers to produce sales; lawsuits arising from patents,
copyrights and trademark infringements; violations of environment
laws and regulations; potential labor disruptions; the financial
strength and stability of our suppliers, customers and dealers;
adequacy of our insurance policies; the availability of future
capital; currency rate fluctuations; and other factors set forth in
the sections entitled "Risk Factors" in our most recent Annual
Report on Form 10-K and any subsequent Quarterly Report on Form
10-Q that we filed with the SEC. Unpredictable or unknown factors
could also have material adverse effects on us. All forward-looking
statements included in this press release are expressly qualified
in their entirety by the foregoing cautionary statements. Except as
required under the Federal securities laws and rules and
regulations of the SEC, we undertake no obligation to update,
amend, or clarify forward-looking statements, whether as a result
of new information, future events, or otherwise. About Knoll Since
1938, Knoll has been recognized internationally for creating
workplace and residential furnishings that inspire, evolve and
endure. Today, our commitment to modern design, our understanding
of the workplace and our dedication to sustainable design has
yielded a unique portfolio of products that respond and adapt to
changing needs. Knoll is aligned with the U.S. Green Building
Council and can help companies, healthcare organizations and
educational institutions achieve Leadership in Energy and
Environmental Design (LEED ) workplace certification. Knoll is the
contract furniture industry's first member of the Chicago Climate
Exchange (CCX ) and is the founding sponsor of the World Monuments
Fund Modernism at Risk program. DATASOURCE: Knoll, Inc. CONTACT:
Investors: Barry L. McCabe, Executive Vice President and Chief
Financial Officer, +1-215 679-1301, , or Media: David E. Bright,
Senior Vice President, Communications, +1-212 343-4135, Web Site:
http://www.knoll.com/
Copyright