SeaChange International Announces Filing of a Registration Statement for a Public Offering of Common Stock.Business/Technology Editors MAYNARD, Mass.--(BUSINESS WIRE)--Dec. 5, 2001 SeaChange International  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Inc. (Nasdaq: SEAC SEAC Student Environmental Action Coalition SEAC Spongiform Encephalopathy Advisory Committee SEAC Southeast Archeological Center (National Park Service) SEAC South East Asia Command (Allies WWII) ) today announced that it filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,000,000 shares of its Common Stock. Of the total shares being offered, 2,790,000 shares will be offered by the Company and 210,000 shares will be offered by certain stockholders of the Company. The Company has also granted the underwriters of the public offering an option to purchase up to 450,000 additional shares of Common Stock to cover over-allotments, if any. The offering is being managed by Morgan Stanley, Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
The Company intends to use 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). from the offering for general corporate purposes, including potential acquisitions. 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. 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 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, when available, can be obtained from Morgan Stanley, 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. About SeaChange SeaChange International, Inc. is a leading supplier of digital video systems, with thousands of video servers installed world-wide, spanning the broadcast and broadband markets. The Company creates server and software systems that manage, store and distribute professional quality digital video. SeaChange's products are based on a scalable, distributed software architecture and standard technology components to continually deliver exponential improvements in digital video cost-performance. As a result, SeaChange enables broadband, broadcast, satellite and new media companies to streamline operations and reduce costs, allowing for expanded services, new applications and increased revenues. SeaChange is headquartered in Maynard, Massachusetts and has product development, support and sales offices throughout the world. Visit www.seachangeinternational.com. SeaChange Spot System, GuestServe Network and MediaCluster are trademarks of SeaChange International, Inc. |
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