Advanced Power Technology Announces Proposed Public Offering of 3,100,000 Shares of Common Stock.BEND, Ore. -- Advanced Power Technology, Inc. (Nasdaq:APTI APTI Association for Preservation Technology International APTI Air Pollution Training Institute ), a leading provider of high-performance power semiconductors, today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering. The offering is expected to consist of 3,100,000 shares of common stock, of which 1,900,000 are expected to be newly issued shares offered by APT and 1,200,000 are expected to be shares offered by selling stockholders. In addition, the selling stockholders are expected to grant the underwriters an option to purchase up to an additional 465,000 shares of common stock from the selling stockholders to cover over-allotments, if any. RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall 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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. When available, copies of the prospectus may be obtained by contacting RBC Capital Markets, 60 South 6th Street, Minneapolis, MN 55402, 612-371-2818. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Except for historical information contained herein, the matters discussed in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. APT cautions that such statements are subject to a number of uncertainties, and actual results may differ materially. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in APT's S-3 filing S-3 Filing The most simplified registration form. It can only be used by companies that have been required to report under the '34 Act for a minimum of twelve months and have met the timely filing requirements set forth under Form S-2. with the Securities and Exchange Commission dated June 16, 2004, or its 2003 Annual Report on Form 10K filed on March 10, 2004. APT assumes no obligation to update the information in this release. |
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