Catalyst International Inc. commences initial public offering of common stock.MILWAUKEE--(BUSINESS WIRE)--Nov. 16, 1995--Catalyst International Inc. announced today that it has made an initial public offering of 2,600,000 shares of common stock. Of the 2,600,000 shares, 2,000,000 shares are being sold by the company and 600,000 are being sold by selling shareholders. The initial public offering price is $13 per share. The offering is being managed by Robertson, Stephens & Co. L.P., Cowen & Co. and Furman Selz Inc. The company intends to use 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). from the offering for repayment of certain indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. and general corporate purposes. Catalyst develops, markets and supports advanced warehouse management software solutions. The company's primary product, the Catalyst Warehouse Management System (Catalyst WMS WMS Warehouse Management System WMS Web Map Service (open geospatial consortium specification) WMS West Middle School (Rochester Hills, MI) WMS Workforce Management Software WMS Wechsler Memory Scale ), is a complete, standard software solution operating in an open system environment. Catalyst WMS manages inventory, storage locations, people and equipment within a warehouse. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities was filed and declared effective by the Securities and Exchange Commission. Copies of the prospectus relating to the offering may be obtained from Robertson, Stephens & Co. L.P., 555 California Street, Suite 2600, 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 , 94104, Attn: Prospectus Department, 415/781-9700; Cowen & Co., One Financial Square, 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 , 10005, Attn: Prospectus Department, 212/495-6000; and Furman Selz Inc., 230 Park Avenue, New York 10169, Attn: Prospectus Department, 212/309-8200. CONTACT: Catalyst International Inc. Lisa Sanreget, 414/377-9400 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion