Aftermarket Technology Files Public Offering of Common Stock.WESTMONT, IL--(BUSINESS WIRE)--Sept. 12, 1997--Aftermarket Technology 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 :ATAC ATAC Arimidex, tamoxifen and combination therapy ) filed today with the Securities and Exchange Commission a Form S-1 Registration Statement for a proposed public offering of 3,200,000 shares of its common stock. Of the shares to be sold, 2,200,000 shares will be offered by the Company and 1,000,000 shares will be offered by selling stockholders. In addition, the selling stockholders propose to grant to the underwriters an option to purchase up to 480,000 additional shares of common stock for the purpose of covering over-allotments, if any. The net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). to the Company from the offering will be used to repay indebtedness under the Company's credit facility. The Company will not receive any proceeds from the sale of shares by the selling stockholders. The offering is being made through an underwriting group managed by Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
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. A prospectus relating to these securities may be obtained from Morgan Stanley Dean Witter (800/223-2440, ext. 6775), William Blair & Company (800/621-0687, ext. 8600) and Donaldson, Lufkin & Jenrette Securities Corporation (800/922-9004, ext. 4525). Aftermarket Technology is a remanufacturer and distributor of drive train products used in the repair of vehicles in the automotive aftermarket. The Company's principal products include remanufactured transmissions, torque converters and engines, as well as remanufactured and new parts for the repair of automotive drive train assemblies. CONTACT: Kaufer Miller Communications John Snyder, 425/450-9965 johns@kmcomm.com OR Aftermarket Technology John Kent, 630/455-6000 jkent@atc.atcaff.com |
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