Tag Archives: Nicolaus Company

Caesarstone Announces Pricing of Ordinary Shares Offering by Selling Shareholders

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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/

Caesarstone Announces Offering of Ordinary Shares by Selling Shareholders

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

Glimcher Realty Trust Closes $90 Million Preferred Share Offering

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Glimcher Realty Trust Closes $90 Million Preferred Share Offering

COLUMBUS, Ohio–(BUSINESS WIRE)– Glimcher Realty Trust (NYSE: GRT) today closed the underwritten public offering of 3,600,000 of its 6.875% Series I Cumulative Redeemable Preferred Shares (the “Series I Preferred Shares”) with a liquidation preference of $25.00 per share. The offering generated net proceeds to the Company of approximately $86.8 million, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company intends to use the net proceeds to redeem 3,600,000 of Series G Cumulative Redeemable Preferred Shares.

The Company has filed an application to list the Series I Preferred Shares on the New York Stock Exchange under the symbol “GRTPRI”. Trading of the Series I Preferred Shares on the New York Stock Exchange is expected to begin within 30 days after the initial issuance of the Series I Preferred Shares.

Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-running managers. Jefferies LLC, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated acted as co-managers for the offering.

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

The offering may be made only by means of a prospectus supplement and related prospectus. Copies of the prospectus supplement and related prospectus for this offering may be obtained by contacting Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, NC 28262, Attention: Capital Markets Client Support, telephone (800) 326-5897 or e-mail request to cmclientsupport@wellsfargo.com; or Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, NY 10038, Attention: Prospectus Department; telephone (800) 294-1322 or e-mail a request to dg.prospectus_requests@baml.com.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as outlet centers. Glimcher owns material interests in and manages 29 properties with total gross leasable area totaling approximately 21.7 million square feet.

Glimcher Realty Trust‘s common shares are listed on the New York Stock Exchange under the …read more
Source: FULL ARTICLE at DailyFinance

Glimcher Realty Trust Announces Pricing of Series I Preferred Shares

By Business Wirevia The Motley Fool

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Glimcher Realty Trust Announces Pricing of Series I Preferred Shares

COLUMBUS, Ohio–(BUSINESS WIRE)– Glimcher Realty Trust (NYSE: GRT) today announced that it has priced the underwritten public offering of 3,600,000 of its 6.875% Series I Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series I Preferred Shares”) at $25.00 per share. The offering is expected to close on March 27, 2013, subject to customary closing conditions. Distributions on the Series I Preferred Shares will be paid quarterly at a rate of 6.875% per annum of the liquidation preference of $25.00 per share, which is equivalent to $1.71875 per share on an annualized basis. The underwriters for the public offering have been granted a 30-day option to purchase up to 400,000 additional Series I Preferred Shares solely to cover overallotments, if any.

The estimated net proceeds from the offering are expected to be approximately $86.7 million, after deducting the underwriting discount and estimated offering expenses, but before giving effect to any exercise of the underwriters’ option to purchase additional shares. The Company intends to use the net proceeds from the offering to redeem a portion of its outstanding 8.125% Series G Preferred Shares of Beneficial Interest, and to the extent any excess proceeds are available, for general corporate purposes, which may include repaying outstanding indebtedness under the Company’s corporate credit facilities.

The Company intends to file an application to list the Series I Preferred Shares on the New York Stock Exchange under the symbol “GRTPRI.” If the application is approved, trading of the Series I Preferred Shares on the New York Stock Exchange is expected to begin within 30 days after the initial issuance of the Series I Preferred Shares.

Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated will act as joint book-running managers. Jefferies LLC, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated are acting as co-managers for the offering.

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

An effective registration statement is on file with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and related prospectus. Copies of the prospectus supplement and related prospectus for this offering may be obtained by contacting Wells Fargo Securities, LLC, …read more
Source: FULL ARTICLE at DailyFinance

Model N Announces Exercise of Over-Allotment Option

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Model N Announces Exercise of Over-Allotment Option

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Model N, Inc. (NYS: MODN) , a provider of revenue management solutions for the life science and technology industries, today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,011,000 shares of common stock from the company. As a result, the total initial public offering size is 7,751,000 shares of common stock, which consists of 7,011,000 shares of common stock to be sold by Model N and 740,000 shares of common stock to be sold by the selling stockholder. All shares sold in the offering are being sold at a price to the public of $15.50. Model N will not receive any proceeds from the sale of shares by the selling stockholders.

J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint bookrunning managers for the offering, and Stifel, Nicolaus & Company, Incorporated, Pacific Crest Securities LLC, Piper Jaffray & Co. and Raymond James & Associates, Inc. are acting as co-managers for the offering.

The offering is being made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (866) 803-9204; or Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005, Attention: Prospectus Department, by calling (800) 503-4611, or by e-mailing prospectus.cpdg@db.com.

A registration statement relating to these securities has been 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 sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Relations Contact:
ICR for Model N
Greg Kleiner, 650-610-4998
investorrelations@modeln.com
or
Media Contact:
Model N
Kristin Lee, 650-610-4717
Marketing
klee@modeln.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Model N Announces Exercise of Over-Allotment Option 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, …read more
Source: FULL ARTICLE at DailyFinance

Model N Announces Pricing of Initial Public Offering

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Model N Announces Pricing of Initial Public Offering

Shares to Trade on NYSE under Ticker Symbol “MODN”

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Model N, Inc., a provider of revenue management solutions for the life science and technology industries, today announced the pricing of its initial public offering of 6,740,000 shares of its common stock, including 6,000,000 shares from the company and 740,000 shares from a selling stockholder, at a price to the public of $15.50 per share. The shares are expected to begin trading on the New York Stock Exchange on March 20, 2013, under the symbol “MODN.” In addition, the company has granted the underwriters a 30-day option to purchase up to 1,011,000 additional shares of common stock.

J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint bookrunning managers for the offering, and Stifel, Nicolaus & Company, Incorporated, Pacific Crest Securities LLC, Piper Jaffray & Co. and Raymond James & Associates, Inc. are acting as co-managers for the offering.

The offering will be made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (866) 803-9204; or Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005, Attention: Prospectus Department, by calling (800) 503-4611, or by e-mailing prospectus.cpdg@db.com.

A registration statement relating to these securities has been 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 sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Relations Contact:
ICR for Model N
Greg Kleiner, 650-610-4998
investorrelations@modeln.com
or
Media Contact:
Model N
Kristin Lee, 650-610-4717
Marketing
klee@modeln.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Model N Announces Pricing of 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 <a target=_blank …read more
Source: FULL ARTICLE at DailyFinance

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

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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

WageWorks Announces Pricing of its Follow-On Public Offering

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WageWorks Announces Pricing of its Follow-On Public Offering

SAN MATEO, Calif.–(BUSINESS WIRE)– WageWorks, Inc. (NYS: WAGE) today announced the pricing of its follow-on public offering of 5,631,115 shares of its common stock at a price to the public of $24.00 per share. WageWorks is selling 500,000 shares of common stock in this offering, and selling stockholders are selling 5,131,115 shares of common stock in this offering. The underwriters have an option to purchase a maximum of 844,667 additional shares from the selling stockholders identified in the prospectus for this offering to cover overallotments, if any.

WageWorks will not receive any proceeds from the sale of shares to be offered by the selling stockholders. The principal purposes of this offering are to facilitate an orderly distribution of shares for the selling stockholders, to increase the public float and to raise additional capital. The proceeds of the primary portion of the offering will be used to provide additional working capital for WageWorks and general corporate purposes, including further expansion of sales and marketing efforts, continued investments in technology and development and for capital expenditures.

William Blair & Company, L.L.C. and Stifel, Nicolaus & Company, Incorporated are serving as joint book-running managers for the offering, with JMP Securities LLC and Needham & Company, LLC, acting as co-managers.

A registration statement relating to shares of the common stock of WageWorks has been declared effective by the Securities and Exchange Commission. This offering is being made by WageWorks and the selling stockholders only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus for the offering may be obtained from William Blair & Company, L.L.C. at 222 West Adams Street, Attention: Prospectus Department, Chicago, IL 60606, phone number (800) 621-0687, or from Stifel, Nicolaus & Company, Incorporated at One Montgomery Street, Suite 3700, San Francisco, California 94104, phone number (415) 364-2720.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may 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 Relations:
ICR
Staci Mortenson, 650-577-6300
ir@wageworks.com
or
Media:
WageWorks, Inc.
Britta …read more
Source: FULL ARTICLE at DailyFinance

Silver Spring Networks Prices Initial Public Offering

By Business Wirevia The Motley Fool

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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

ConnectOne Bancorp Prices IPO

By MarketNewsVideo ConnectOne Bancorp, formerly known as North Jersey Community Bancorp, announced today it has priced its IPO of 1,600,000 shares of common stock at $28.00 per share. ConnectOne expects to close the offering on February 15, 2013. Stifel, Nicolaus & Company, Incorporated is serving as the sole book-running manager
for the offering, Keefe, Bruyette & Woods is serving as a lead manager and Sandler O’Neill & Partners is serving as a co-manager. ConnectOne has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares, representing 15% of the total number of shares to be sold by ConnectOne in the
offering, to cover over-allotments, if any. …read more
Source: FULL ARTICLE at Forbes Markets