Computer Learning Centers files registration statement with the Securities and Exchange Commission.FAIRFAX, VA--(BUSINESS WIRE)--September 5, 1996--Computer Learning Centers, Inc. (Nasdaq National Market: CLCX) ("CLC (The Computer Language Company Inc.) The publisher of this Encyclopedia. See About this product. "), a provider of information technology and computer-related education and training, today announced that it has filed a Registration Statement with the Securities and Exchange Commission with respect to a public offering of 1,134,784 shares of Common Stock. Of the shares being offered, 434,783 shares are being sold by the Company and 700,001 are being sold by certain stockholders of the Company, which includes 434,783 shares being sold by affiliates of General Atlantic Corporation. The offering is being managed by Robertson, Stephens & Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Inc. 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 working capital and general corporate purposes, including the opening of new facilities and expansion of the Company's programs. The Company and the selling shareholders have also extended to the underwriters an over-allotment option to purchase an additional 170,216 shares of common stock. The Company will not receive any of the proceeds from the sale of shares by the Selling Stockholders. Computer Learning Centers provides information and computer-related education and training at 11 Learning Centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company designs programs and courses to meet current information technology education needs, offering instruction in technologies such as client/server, databases, networking and object-oriented programming object-oriented programming, a modular approach to computer program (software) design. Each module, or object, combines data and procedures (sequences of instructions) that act on the data; in traditional, or procedural, programming the data are separated from the . 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 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 securities laws of any such state. Copies of a written prospectus, when available, may be obtained from Robertson, Stephens & Company LLC, 555 California Street, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 94104, (415) 781-9700 and Piper Jaffray Inc., 222 South Ninth Street, Minneapolis, Minnesota 55402-3804, (612) 342-6000. CONTACT: Computer Learning Centers, Inc. Charles Cosgrove, 703/359-7702 or The Equity Group Devin Sullivan, 212/836-9608 Tamara Ehlin, 212/836-9607 |
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