Saifun Semiconductors Ltd. Announces Pricing of Initial Public Offering of 5,000,000 Ordinary Shares
2005年11月9日 - 7:06PM
PRニュース・ワイアー (英語)
NETANYA, Israel, November 9 /PRNewswire-FirstCall/ -- Saifun
Semiconductors Ltd. (NASDAQ:SFUN) today announced the pricing of a
public offering of 5,000,000 ordinary shares at US$23.50 per share,
all of which are being offered by the Company. Saifun's ordinary
shares will be listed on the Nasdaq National Market under the
symbol "SFUN" and will begin trading on November 9, 2005. The
closing of the offering is scheduled to take place on November 15,
2005. Saifun expects to receive net proceeds from the offering of
approximately US$104.8 million. Saifun has granted the underwriters
a 30-day option to purchase up to an aggregate of 750,000 ordinary
shares to cover over-allotments, if any. Lehman Brothers is acting
as sole book-running manager, Deutsche Bank Securities is acting as
co-lead manager and CIBC World Markets, William Blair & Company
and Raymond James are acting as co-managers. Copies of the final
prospectus relating to the offering may be obtained, when
available, from Lehman Brothers, c/o ADP Financial Services,
Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, New York
11717, by email: , or fax (631) 254-7268, or Deutsche Bank
Securities at 1251 Avenue of the Americas, 25th Floor, New York,
New York 10005, by email: , or fax (212) 468-5333. A registration
statement relating to these securities was filed and declared
effective by the Securities and Exchange Commission. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sales of these
securities in any state or other jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities law of any such state or other
jurisdiction. About Saifun Semiconductors Ltd. Saifun provides
intellectual property solutions for the non-volatile memory (NVM)
market. The company licenses its Saifun NROM(R) technology to
semiconductor manufacturers who use this technology to develop and
manufacture a variety of stand-alone and embedded NVM products.
Safe Harbor Statement Information provided in this press release
may contain statements relating to current expectations, estimates,
forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally relate to the company's plans, objectives and
expectations for future operations and are based upon management's
current estimates and projections of future results or trends.
Actual future results may differ materially from those projected as
a result of certain risks and uncertainties. For a discussion of
such risks and uncertainties, see "Risk Factors" as described in
the Company's final prospectus filed on November 9, 2005 with the
U.S. Securities and Exchange Commission in connection with the
company's initial public offering. These forward-looking statements
are made only as of the date hereof, and we undertake no obligation
to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise. Saifun
Semiconductors Contact: Marsha Shalvi Investor Relations
+972-9-892-8450 DATASOURCE: Saifun Semiconductors Ltd CONTACT:
Saifun Semiconductors Contact: Marsha Shalvi, Investor Relations,
+972-9-892-8450,
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