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Datalink Corporation Files Registration Statement for Secondary Common Stock Offering.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--March 7, 2000

Datalink Corporation Datalink Corporation (NASDAQ: DTLK) is an American data storage corporation with operations throughout the United States. The company engages in the design, installation, and support of data storage infrastructures that store, protect, and provide continuous access to  (Nasdaq:DTLK), announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed offering of 2,500,000 shares of Datalink Corporation common stock.

Of the shares being offered, it is expected that 2,200,000 shares will be sold by the Company and 300,000 shares will be sold by selling stockholders of the Company. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. The Company, and the selling stockholders together, have agreed to grant the underwriters an option to purchase up to 375,000 shares of common stock to cover over-allotments.

A registration statement related to 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 that the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 of an offer to buy, nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful Contrary to or unauthorized by law; illegal.

When applied to promises, agreements, or contracts, the term denotes that such agreements have no legal effect. The law disapproves of such conduct because it is immoral or contrary to public policy.
 prior to registration or qualification under the securities laws of such state.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 7, 2000
Words:214
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