|
|
|
|
|
|||
|
|
|
|
 |
|
Cherokee
International Corporation Announces
|
||
|
February 20, 2004 - For Immediate Release Tustin, CA - Cherokee international Corporation (NASDAQ: CHRK) announced today that its initial public offering of 6,600,000 shares of common stock was priced at $14.50 per share. The offering is expected to close on February 25, 2004, subject to customary closing conditions. All of the 6,600,000 shares were offered by Cherokee International. The selling stockholders in the offering have granted the underwriters an option to purchase up to an additional 990,000 shares from the selling stockholders to cover over-allotments, if any. Cherokee International will not receive any of the proceeds from the shares of common stock sold by the selling stockholders. Credit Suisse First Boston acted as book runner and as lead manager, and Lehman Brothers, UBS Investment Bank and Stephens Inc. acted as co-managers. A copy of the written prospectus related to this offering may be obtained from Credit Suisse First Boston LLC, Prospectus Department, One Madison Avenue, New York, NY 10010 (telephone no. 212-325-2580). A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. The public offering is being made solely by means of a prospectus. 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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state. About Cherokee
International: |
|
 |
Top |
 |
 |