Computer Access Technology Corporation Announces Filing of a Registration Statement for Sale of Common Stock by Selling Stockhol
04 Mars 2004 - 12:00AM
PR Newswire (US)
Computer Access Technology Corporation Announces Filing of a
Registration Statement for Sale of Common Stock by Selling
Stockholders SANTA CLARA, Calif., March 3 /PRNewswire-FirstCall/ --
Computer Access Technology Corporation (CATC) , a communication
protocols test and measurement product and services company, today
announced that it has filed a registration statement with the
Securities and Exchange Commission today to conduct a secondary
offering, subject to market and other conditions, of up to 3
million shares of common stock (plus up to an additional 450,000
shares to cover over-allotments by the underwriter) owned by Dan
Wilnai, Peretz Tzarnotzky and Philips Semiconductors, Inc. The
Company will not sell any shares in the offering or receive any
proceeds from the offering. B. Riley & Co. is acting as the
underwriter in the secondary offering. The 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 any securities, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation, or sale would be unlawful prior
registration or qualification under the securities laws of any such
state or jurisdiction. A copy of the Prospectus relating to the
offering may be obtained from the Prospectus Department of B. Riley
& Co., at 4675 MacArthur Court, Suite 1500, Newport Beach, CA
92660, or by calling 949-852-9911. DATASOURCE: Computer Access
Technology Corporation CONTACT: Carmine J. Napolitano,
+1-408-486-7786, or , for Computer Access Technology Corporation
Web site: http://www.catc.com/
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