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Caesarstone Announces Pricing of Ordinary Shares Offering by Selling Shareholders

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By Business Wirevia The Motley Fool

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Caesarstone Announces Pricing of Ordinary Shares Offering by Selling Shareholders

MP MENASHE, Israel–(BUSINESS WIRE)– Caesarstone Sdot-Yam Ltd. (NAS: CSTE) , a leading manufacturer of high quality engineered quartz surfaces, today announced the pricing at $23.25 per share of an underwritten public offering of 7,775,000 ordinary shares offered by its shareholders, Kibbutz Sdot-Yam and Tene Investment Fund. The selling shareholders have also granted the underwriters a 30-day option to purchase up to 1,166,250 additional ordinary shares. Caesarstone will not receive any proceeds from the offering. The offering is expected to close on April 17, 2013.

J.P. Morgan Securities LLC, Barclays Capital Inc. and Credit Suisse Securities (USA) LLC acted as joint bookrunning managers for the offering, and Stifel, Nicolaus & Company, Incorporated and Robert W. Baird & Co. Incorporated acted as co-managers for the offering.

A shelf registration statement (including a prospectus) relating to these securities was filed by Caesarstone and declared effective on April 5, 2013 by the Securities and Exchange Commission (SEC). A copy of the prospectus supplement and base prospectus relating to the offering may be obtained by contacting: J.P. Morgan Securities LLC, via telephone at (866) 803-9204 or by mail at Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; Barclays Capital Inc., via telephone at (888) 603-5847, by mail at c/o Barclays Capital Inc. at Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or barclaysprospectus@broadridge.com; or Credit Suisse Securities (USA) LLC, via telephone at (800) 221-1037, by mail at Prospectus Department, One Madison Avenue, New York, NY, 10010 or newyork.prospectus@credit-suisse.com. Before you invest, you should read these documents and other documents filed by Caesarstone with the SEC for more complete information. You may obtain these documents free of charge by visiting the SEC‘s website at www.sec.gov.

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.

About Caesarstone

Caesarstone manufactures high quality engineered quartz surfaces, which are used in both residential and commercial buildings as countertops and other interior surfaces. The wide variety of colors, styles, designs and textures of Caesarstone® products, along

From: http://www.dailyfinance.com/2013/04/11/caesarstone-announces-pricing-of-ordinary-shares-o/

Business, Finance, Occupation & Industry

Caesarstone Announces Offering of Ordinary Shares by Selling Shareholders

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By Business Wirevia The Motley Fool

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Caesarstone Announces Offering of Ordinary Shares by Selling Shareholders

MP MENASHE, Israel–(BUSINESS WIRE)– Caesarstone Sdot-Yam Ltd. (NAS: CSTE) , a leading manufacturer of high quality engineered quartz surfaces, today announced that its shareholders, Kibbutz Sdot-Yam and Tene Investment Fund, are offering for sale 7,250,000 ordinary shares of the company in an underwritten public offering. Caesarstone will not receive any proceeds from the offering.

J.P. Morgan Securities LLC, Barclays Capital Inc. and Credit Suisse Securities (USA) LLC are the joint bookrunning managers for the proposed offering, and Stifel, Nicolaus & Company, Incorporated and Robert W. Baird & Co. Incorporated are the co-managers for the proposed offering.

A shelf registration statement (including a prospectus) relating to these securities was filed by Caesarstone and declared effective on April 5, 2013 by the Securities and Exchange Commission (SEC). A copy of the prospectus supplement and base prospectus relating to the offering may be obtained by contacting: J.P. Morgan Securities LLC, via telephone at (866) 803-9204 or by mail at Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; Barclays Capital Inc., via telephone at (888) 603-5847, by mail at c/o Barclays Capital Inc. at Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or barclaysprospectus@broadridge.com; or Credit Suisse Securities (USA) LLC, via telephone at (800) 221-1037, by mail at Prospectus Department, One Madison Avenue, New York, NY, 10010 or newyork.prospectus@credit-suisse.com. Before you invest, you should read these documents and other documents filed by Caesarstone with the SEC for more complete information. You may obtain these documents free of charge by visiting the SEC‘s website at www.sec.gov.

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.

About Caesarstone

Caesarstone manufactures high quality engineered quartz surfaces, which are used in both residential and commercial buildings as countertops and other interior surfaces. The wide variety of colors, styles, designs and textures of Caesarstone® products, along with Caesarstone’s inherent characteristics such as hardness, non-porous, scratch and stain resistance and durability, provide consumers with a product competitive to granite, manufactured solid surfaces and laminate, as well as to other engineered quartz surfaces. Caesarstone’s four collections …read more

Source: FULL ARTICLE at DailyFinance

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SJW Corp. Announces Pricing of Public Offering of Common Stock

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By Business Wirevia The Motley Fool

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SJW Corp. Announces Pricing of Public Offering of Common Stock

SAN JOSE, Calif.–(BUSINESS WIRE)– SJW Corp. (NYS: SJW) today announced that it has priced a firm commitment underwritten public offering of 1,321,000 shares of common stock at a public offering price of $26.50 per share for an aggregate gross proceeds of approximately $35 million. The offering is expected to close on or about April 3, 2013, subject to customary closing conditions. The Company has also granted the underwriters a 30-day option to purchase up to 198,150 shares of common stock to cover over-allotments, if any.

Robert W. Baird & Co. Incorporated is serving as sole book-runner for the offering. Janney Montgomery Scott, Brean Capital and Blaylock Robert Van, LLC are serving as co-managers for the offering.

The Company intends to use the net proceeds from this offering to repay its short-term borrowings, fund the construction programs of its water utility services and for other general corporate purposes.

The securities described above are being offered by the Company pursuant to a “shelf” registration statement (including a prospectus) previously filed with and declared effective by the Securities and Exchange Commission (SEC) on December 21, 2012. This offering is being made only by means of a prospectus supplement and accompanying base prospectus. A preliminary prospectus supplement relating to the offering has been filed with the SEC and is available on the SEC‘s website located at www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to this offering may be obtained by sending a request to Robert W. Baird & Co. Incorporated, 777 East Wisconsin Avenue, Galleria Level, Milwaukee, Wisconsin 53202-5391, or by calling 1-800-792-2413 or email: syndicate@rwbaird.com.

This press 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

This press release may contain certain forward-looking statements including but not limited to statements relating to SJW Corp.’s public offering and expected use of proceeds and closing of the offering, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and …read more
Source: FULL ARTICLE at DailyFinance

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SJW Corp. Announces Proposed Offering of Common Stock

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By Business Wirevia The Motley Fool

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SJW Corp. Announces Proposed Offering of Common Stock

SAN JOSE, Calif.–(BUSINESS WIRE)– SJW Corp. (NYS: SJW) today announced that it has commenced an underwritten public offering of approximately $35,000,000 of its common stock under its existing shelf registration statement. The Company also will grant the underwriter an option to purchase up to an additional fifteen percent (15%) of the amount sold in the offering to cover over-allotments, if any. The offering price of the shares and the actual number of shares to be sold will be determined by market conditions at the time of pricing, in consultation with the underwriter.

Robert W. Baird & Co. Incorporated will serve as the underwriter for the offering.

The Company intends to use the net proceeds from this offering to repay its short-term borrowings, fund the construction programs of its water utility services and for other general corporate purposes.

The securities described above are being offered by the Company pursuant to a “shelf” registration statement (including a prospectus) previously filed with and declared effective by the Securities and Exchange Commission (SEC) on December 21, 2012. A preliminary prospectus supplement has been filed with the SEC in connection with the offering, which, together with the accompanying prospectus, may be obtained by sending a request to Robert W. Baird & Co. Incorporated, 777 East Wisconsin Avenue, Galleria Level, Milwaukee, Wisconsin 53202-5391, or by calling 1-800-792-2413 or email: syndicate@rwbaird.com. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus, the registration statement and the documents incorporated by reference therein, and the other documents that the Company has filed with the SEC for more complete information about the Company and this offering. Investors may obtain these documents for free by visiting the SEC‘s website at www.sec.gov.

This press 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

This press release may contain certain forward-looking statements including but not limited to, statements relating to SJW Corp.’s public offering and expected use of proceeds, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Silver Spring Networks Announces the Closing of its Initial Public Offering and Full Exercise of the

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By Business Wirevia The Motley Fool

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Silver Spring Networks Announces the Closing of its Initial Public Offering and Full Exercise of the Underwriters’ Over-Allotment Option

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Silver Spring Networks, Inc. (NYS: SSNI) , a leading networking platform and solutions provider for smart energy networks, today announced the closing of its previously announced initial public offering of 5,462,500 shares of common stock at a price to the public of $17.00 per share, which included 712,500 shares of common stock issued upon the exercise in full of the underwriters’ option to purchase additional shares to cover over-allotments. All of the shares sold in the offering were sold by Silver Spring Networks. The shares began trading on The New York Stock Exchange on March 13, 2013 under the symbol “SSNI.”

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC acted as joint book-running managers for the offering and Stifel, Nicolaus & Company, Incorporated, Piper Jaffray & Co., Canaccord Genuity Inc., Evercore Group L.L.C., Pacific Crest Securities LLC and Robert W. Baird & Co. acted as co-managers.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 12, 2013. This offering was made solely by means of a prospectus. A copy of the final prospectus related to the offering may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526 or by emailing prospectus-ny@ny.email.gs.com or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, telephone: 1-800-221-1037 or by emailing newyork.prospectus@credit-suisse.com.

This press 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 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.

Investor Contact
Silver Spring Networks, Inc.
Tricia Gugler,650-839-4504
Investor Relations
tgugler@silverspringnet.com
or
Media Contact
Global Communications
Noel Hartzell, 650-839-4184nhartzell@silverspringnet.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Silver Spring Networks Announces the Closing of its Initial Public Offering and Full Exercise of the Underwriters’ Over-Allotment Option originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We …read more
Source: FULL ARTICLE at DailyFinance

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Cerus Prices Public Offering of Common Stock

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Cerus Prices Public Offering of Common Stock

CONCORD, Calif.–(BUSINESS WIRE)– Cerus Corporation (NAS: CERS) today announced the pricing of an underwritten public offering of 8,333,333 shares of its common stock, offered at a price to the public of $4.20 per share. The gross proceeds to Cerus from this offering are expected to be approximately $35.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Cerus. The offering is expected to close on or about March 19, 2013, subject to customary closing conditions. In addition, Cerus has granted the underwriters a 30-day option to purchase at the public offering price up to an aggregate of 1,250,000 additional shares of its common stock to cover overallotments, if any. Cerus anticipates using the net proceeds from the offering for clinical development and other research and development activities related to the INTERCEPT Blood System, preparatory activities for the potential commercialization of the INTERCEPT Blood System in the United States and elsewhere, and for other general corporate purposes, including regulatory activity, selling, general and administrative expenses and working capital. Cerus may also use a portion of the net proceeds from the offering to prepay the remaining outstanding indebtedness under its growth capital loan with Comerica Bank.

Cowen and Company, LLC is acting as sole book-running manager for the offering. Robert W. Baird & Co. Incorporated, Wedbush PacGrow Life Sciences and Lazard Capital Markets LLC are acting as co-managers for the offering. Blueprint Life Science Group, LLC and MLV & Co. LLC are acting as Cerus’ financial advisors in connection with the offering.

The securities described above are being offered by Cerus pursuant to a shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission (the “SEC“). A final prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC‘s website located at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to this offering, when available, may be obtained from Cowen and Company, LLC, c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, New York 11717, Attn: Prospectus Department, or by calling 631-274-2806, or by faxing 631-254-7140.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

…read more
Source: FULL ARTICLE at DailyFinance

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New Source Energy Partners, L.P. Closes Over-Allotment Option

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By Business Wirevia The Motley Fool

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New Source Energy Partners, L.P. Closes Over-Allotment Option

OKLAHOMA CITY–(BUSINESS WIRE)– New Source Energy Partners L.P., a Delaware limited partnership (NYS: NSLP) (the “Partnership”), announced today that underwriters of its recently completed initial public offering have purchased an additional 250,000 common units at $20.00 per unit granted to them in the Underwriting Agreement dated February 7, 2013. New Source Energy Partners‘ initial public offering of 4,000,000 common units, representing limited partnership interests in New Source Energy Partners, closed on February 13, 2013.

Net proceeds received by the Partnership from the sale of the additional common units were approximately $4.65 million in the aggregate, after deducting underwriting discounts, commissions and expenses. The public now owns an approximate 54.8% limited partner interest in the Partnership.

Baird, Stifel Nicolaus Weisel, BMO Capital Markets and Oppenheimer & Co. acted as joint book-running managers for the offering. Janney Montgomery Scott, Stephens Inc. and Wunderlich Securities acted as co-managers for the offering. Copies of the prospectus related to the offering may be obtained from the underwriters as follows:

Robert W. Baird & Co. Incorporated

Attention: Syndicate Department

777 East Wisconsin Avenue

Milwaukee, WI 53202-5391

syndicate@rwbaird.com

(800) 792-2413

 

…read more
Source: FULL ARTICLE at DailyFinance
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Silver Spring Networks Prices Initial Public Offering

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Silver Spring Networks Prices Initial Public Offering

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Silver Spring Networks, Inc. (NYS: SSNI) , a leading networking platform and solutions provider for smart energy networks, today announced the pricing of its initial public offering of 4,750,000 shares of common stock at a price to the public of $17.00 per share. The shares are expected to begin trading on The New York Stock Exchange on March 13, 2013 under the symbol “SSNI.” All of the shares being sold in the offering are being sold by Silver Spring Networks. The underwriters have a 30-day option to purchase up to an additional 712,500 shares of common stock from Silver Spring Networks at the initial public offering price.

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering and Piper Jaffray & Co., Stifel, Nicolaus & Company, Incorporated, Robert W. Baird & Co., Canaccord Genuity Inc., Evercore Group L.L.C., and Pacific Crest Securities LLC are acting as co-managers.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 12, 2013. This offering is being made solely by means of a prospectus, copies of which may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526 or by emailing prospectus-ny@ny.email.gs.com or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, telephone: 1-800-221-1037 or by emailing newyork.prospectus@credit-suisse.com.

This press 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 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.

Investor Contact
Silver Spring Networks
Tricia Gugler, 650-839-4504
Investor Relations
tgugler@silverspringnet.com
or
Media Contact
Silver Spring Networks
Noel Hartzell, 650-839-4184
Global Communications
nhartzell@silverspringnet.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Silver Spring Networks Prices Initial Public Offering originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range …read more
Source: FULL ARTICLE at DailyFinance