Catalytica Inc. files for public offering of 2,250,000 shares of common stock.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 12, 1995-- Catalytica, Inc. (Nasdaq:CTAL CTAL Confederacion de Trabajadores de America Latina (Confederation of Latin American Workers) CTAL Canadian Tire Acceptance Limited CTAL Computer Technology Application Lab, Inc. CTAL Confidentially Typed Assembly Language ) today announced that it has filed a registration statement with the Securities and Exchange Commission with respect to a proposed public offering of 2,250,000 shares of its Common Stock, all of which will be offered by the Company. Oppenheimer & Co., Inc. has been retained to assist in the placement of the securities to select institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . 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 will be used for general corporate purposes, including working capital. Catalytica is developing and offering to its customers advanced products that use the Company's proprietary catalytic technologies to yield economic and environmental benefits by lowering manufacturing costs and reducing hazardous byproducts. Catalytica currently is focused on applying its technologies to two primary areas: improving production of pharmaceutical intermediates and developing advanced combustion systems to reduce toxic emissions generated by natural gas turbines. 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 any offer 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 sales of these securities in any State in which an 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 Oppenheimer & Co., Inc., Oppenheimer Tower, World Financial Center, 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 , New York 10281. CONTACT: Catalytica, Inc. Alice Galloway, 415/940-6382 |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion