Ascend Communications, Inc. announces filing of registration statement for public offering of two million shares of common stock.ALAMEDA, Calif.--(BUSINESS WIRE)--July 17, 1995--Ascend Communications, Inc. (NASDAQ-ASND) today announced that it has filed a registration statement with the Securities and Exchange Commission (S.E.C.) with respect to a proposed public offering of 2.0 million shares of common stock. All of the shares being offered are to be sold by the Company. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co., Robertson Stephens & Co., and Wessels, Arnold and Henderson, will co-manage the offering. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the securities being sold by the Company has been filed with the S.E.C. but has not yet become effective. The 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. Copies of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to the offering may be obtained from Morgan Stanley & Co., 1251 Avenue of the Americas, 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 , NY 10020, Robertson Stephens & Co., 555 California Street, 26th Floor, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94104, and Wessels, Arnold and Henderson, 901 Marquette Avenue, Minneapolis, MN 55402. Ascend Communications, Inc. develops, manufactures, markets, sells and supports a broad range of high-speed digital wide area network access products. These products use bandwidth on demand for applications such as Internet access, remote LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. access, telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. , videoconferencing access, imaging, and integrated voice, video and data access. Ascend products also use bandwidth on demand to provide automatic emergency backup and peak-period overflow bandwidth for leased lines, frame relay circuits and ATM circuits. CONTACT: Robert K. Dahl, 510/769-6001, X-2309 Paula Cook, 510/769-6001, X-2345 |
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