http://finance.yahoo.com/news/...rices-public-offering-002400584.html HERZLIYA, Israel, Dec. 18, 2013 /PRNewswire/ -- SuperCom Ltd. (SPCB), a leading provider of e-ID, Security, HealthCare, Homecare, and Electronic Monitoring Solutions, today announced the pricing of its public offering of 3,000,000 ordinary shares at a price of $4.00 per share. The gross proceeds to SuperCom from the offering are expected to be $12,000,000 before underwriting discounts and commissions and other offering expenses. SuperCom has granted the underwriters a 45-day option to purchase up to 450,000 additional ordinary shares from SuperCom to cover over-allotments, if any. The offering is expected to close on or about December 24, 2013, subject to customary closing conditions.
Aegis Capital Corp. is acting as the sole book-running manager of the offering and as representative of the underwriters.
Feltl and Company is acting as a co-manager of the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on December 18, 2013.
This offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained by Aegis Capital Corp., Prospectus Department, 810 Seventh Avenue, 18th Floor, New York, NY 10019, telephone: 212-813-1010, e-mail: prospectus@aegiscap.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |