Cogent Prices Public Offering of Primary and Secondary Shares.SOUTH PASADENA South Pasadena (păs'ədē`nə), city (1990 pop. 23,936), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1888. Medical supplies, clothing, and transportation and electronic equipment are manufactured. , Calif. -- Cogent Systems (Nasdaq:COGT) announced today it has priced the follow-on public offering of its common stock at a price of $25.50 per share. The offering consists of 11,000,000 shares, of which 4,000,000 are primary shares offered by the company, and 7,000,000 are secondary shares offered by executive officers and stockholders of the company. One of the selling stockholders has granted the underwriters an option to purchase up to 1,650,000 additional shares to cover over-allotments, if any. Morgan Stanley LLC - Logical Link Control and Needham & Company, LLC serving as co-managers. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and has been declared effective. This news 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 or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. A final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. relating to the offering may be obtained from the prospectus department of Morgan Stanley & Co. Incorporated at 1585 Broadway, 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 10036, or the prospectus department of J.P. Morgan Securities Inc. at 277 Park Avenue, New York, NY 10172. About Cogent Systems Cogent is a leading provider of Automated Fingerprint Identification Systems, or AFIS AFIS Automated Fingerprint Identification System AFIS Aerodrome Flight Information Service AFIS Armed Forces Radio and Television Service AFIS Airborne Flight Information System AFIS Automated Fingerprinting Identification System (Pakistan) , and other fingerprint biometric solutions to governments, law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). and other organizations worldwide. Cogent's AFIS solutions enable customers to capture fingerprint images electronically, encode fingerprints into searchable files and accurately compare a set of fingerprints to a database containing potentially millions of fingerprints in seconds. |
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