AMX Corp. commences initial public offering of common stock.DALLAS--(BUSINESS WIRE)--Nov. 16, 1995--AMX Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMXX) announced today that it has made an initial public offering of 2.5 million shares of its common stock. All of the shares are being sold by the company. The initial public offering price is $9 per share. Robertson, Stephens & Co., L.P. and Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Inc. will act as representatives of the underwriters participating in this offering. The company has granted the underwriters an over-allotment option on 375,000 additional shares. AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress designs, develops, manufactures and markets integrated remote control systems which enable end users to operate as a single system a broad range of electronic and programmable equipment in a variety of corporate, educational, industrial, entertainment, governmental and residential settings. The company's hardware and software products provide the operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , machine control and user interface necessary to operate as an integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. electronic devices from different manufacturers through easy-to-use control panels. Copies of the prospectus relating to the offering may be obtained from Robertson, Stephens & Co., L.P., 555 California St., Suite 2600, San Francisco, CA 94104, Attention: Prospectus Department (telephone: 415/781-9700); and Piper Jaffray Inc., Piper Jaffray Tower, 222 S. 9th St., Minneapolis MN 55402. CONTACT: AMX Corp., Dallas Billie I. Williamson, 800/222-0193 |
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