ESS Technology Inc. Announces That It Has Filed A Registration Statement For An Initial Public Offering Of 6 Million Shares Of Common Stock.FREMONT, Calif.--(BUSINESS WIRE)--Sept. 7, 1995--ESS Technology, Inc. announced that it has filed a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a proposed initial public offering of 6 million shares of common stock with the Securities and Exchange Commission. Of the total, 3,300,000 shares will be offered by the Company and 2,700,000 shares will be offered by selling stockholders. The offering price is expected to be between $12.00 and $14.00 per share. Morgan Stanley LLC - Logical Link Control ; and Needham & Company Incorporated, are acting as co-managers of the underwriting group. ESS Technology, Inc. designs, develops and markets highly integrated mixed signal semiconductor audio solutions for sale to multimedia desktop and notebook computer A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. manufacturers. 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 Morgan Stanley & Co. Incorporated, Prospectus Department, 1251 Avenue of the Americas, 19th Floor, 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 10020, Hambrecht & Quist LLC, One Bush Street, San Francisco, CA 94104 or 230 Park Avenue, New York, NY 10169 or Needham & Company, Inc. 400 Park Avenue, New York, NY 10022. A registration statement relating 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 the registration statement becomes effective. The 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 the securities laws of any such state. CONTACT: ESS Technologies Inc. Ralph J. Harms, 510/226-1088 Ext. 102 |
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