DIGICON FILES REGISTRATION STATEMENT WITH SEC
DIGICON FILES REGISTRATION STATEMENT WITH SEC HOUSTON, Nov. 12 /PRNewswire/ -- Digicon Inc. (AMEX: DGC) announced
today that it has filed a registration statement relating to a public offering of 6,750,000 shares of the company's common stock. The common stock is to be offered through a syndicate of underwriters managed by PaineWebber Incorporated and Morgan Keegan & Company, Inc.
Larry E. Lenig Jr., president of the company, indicated that the proceeds of the offering are to be used by the company to retire outstanding indebtedness, to finance capital expenditures and for general corporate purposes. The company provides seismic data acquisition and processing services on a worldwide basis to the petroleum industry. Digicon is a Houston-based company. 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 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. -0- 11/12/91 /CONTACT: Larry E. Lenig Jr. or Allan C. Pogach of Digicon, 713-526-5611, or 800-DIGICON/ (DGC) CO: Digicon Inc. ST: Texas IN: OIL SU: OFR CK -- NY038 -- 3386 11/12/91 10:50 EST
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|Date:||Nov 12, 1991|
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