Printer Friendly

DIGITAL BIOMETRICS ANNOUNCES PUBLIC STOCK OFFERING

 MINNETONKA, Minn., Feb. 23 /PRNewswire/ -- Digital Biometrics, Inc. (NASDAQ: DBII), a Minnetonka-based manufacturer of "live-scan" electronic fingerprint systems, today announced it has filed a registration statement with the Securities and Exchange Commission relating to 1,000,000 shares of Common Stock to be sold to the public. The proceeds from the offering will be used for business expansion, working capital and other general corporate purposes. The registration statement also includes 1,092,625 shares to be sold in the offering by selling stockholders. The company expects that the offering will be closed in April.
 The offering will be co-managed by Dain Bosworth Incorporated and John G. Kinnard and Company, Incorporated.
 This announcement is neither an offer to sell nor a solicitation of offers to buy any securities, and the offering will be made only by means of a prospectus to be available at a later date from the managing underwriters.
 -0- 2/23/93
 /CONTACT: Donald E. Berg, vice president-finance for Digital Biometrics, 612-932-0888/
 (DBII)


CO: Digital Biometrics, Inc. ST: Minnesota IN: CPR SU: OFR

KH -- MN008 -- 9344 02/23/93 10:40 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 23, 1993
Words:184
Previous Article:HUGHES TECHNICAL SERVICES CO. WINS ARMY MAINTENANCE CONTRACT
Next Article:NORTECH SYSTEMS REPORTS RECORD EARNINGS IN FISCAL 1992; FOURTH QUARTER SHOWS STRONG GAINS
Topics:


Related Articles
DIGITAL BIOMETRICS ANNOUNCES FOURTH QUARTER AND YEAR END OPERATING RESULTS
DIGITAL BIOMETRICS ANNOUNCES TENPRINTER ORDERS
DIGITAL BIOMETRICS ANNOUNCES THIRD QUARTER RESULTS
DIGITAL BIOMETRICS ANNOUNCES PROPOSED PUBLIC STOCK OFFERING
DIGITAL BIOMETRICS ANNOUNCES TENPRINTER SYSTEM ORDERS AND REVISED PUBLIC STOCK OFFERING
DIGITAL BIOMETRICS ANNOUNCES CLOSING OF STOCK OFFERING
DIGITAL BIOMETRICS COMPLETES ACQUISITION OF DESIGN DATA INCORPORATED
DIGITAL BIOMETRICS ANNOUNCES SHAREHOLDER RIGHTS PLAN
Digital Biometrics, Inc. Announces Conversion of Debentures
Digital Biometrics Announces State of Connecticut Contract

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters