Alliance Semiconductor files registration statement for public offering of 2,500,000 shares of common stock.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--March 15, 1995--Alliance Semiconductor 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 :ALSC ALSC Association for Library Service to Children ALSC Adirondack Lakes Survey Corporation ALSC Afloat Logistics and Sealift Capability ALSC American Lumber Standards Committee, Inc. ALSC Advanced Logistics Systems Center (AFMC) ) today announced that it has filed a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a proposed public offering of 2,500,000 shares of common stock with the Securities and Exchange Commission. Of the total, 2,200,000 will be offered by the company and 300,000 will be offered by the selling stockholders. Hambrecht & Quist Inc., Lehman Brothers and Needham & Co. Inc. are co-managing the offering. 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). of the offering will be used for investments in or loans to foundries, working capital and general corporate purposes. To secure additional foundry capacity, the company is currently in negotiations for a loan to one of its foundries of up to $35 million and for an equity investment in another of its foundries of up to $40 million. Alliance Semiconductor Corp. is a fabless supplier of high performance memory products to the personal computer, networking, telecommunications and instrumentation industries. A copy of the prospectus relating to the offering may be obtained from Hambrecht & Quist Inc., One Bush St., San Francisco, CA 94104 or 230 Park Ave., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. 10169; Lehman Brothers, 3 World Financial Center, New York, N.Y. 10285-2000; or Needham & Co. Inc., 400 Park Ave., New York, N.Y. 10022. A registration statement related to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. CONTACT: Alliance Semiconductor Corp., San Jose Ron Shelton, 408/383-4900 |
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