BELLEVUE, Wash., Dec. 14, 2018 /PRNewswire/ -- Radiant Logistics,
Inc. (NYSE American: RLGT), a third-party logistics and multimodal
transportation services company , today announced that it has
filed a new universal shelf registration statement on Form S-3 with
the United States Securities and Exchange Commission ("SEC"), which
will replace its previous $100
million universal shelf registration that expired on
May 28, 2018. The registration
statement is intended to provide Radiant with flexibility to access
the public capital markets in order to respond to financing and
business opportunities in the future. Although the registration
statement relating to these securities has been filed with the SEC,
it has not yet become effective.
At the present time, Radiant has no specific plans to issue
securities under the registration statement. If and when the
registration statement is declared effective by the SEC, Radiant
will be able to offer and sell, from time to time, up to
$100 million of securities such as
senior, subordinated or convertible debt securities, warrants,
units, common and preferred stock, or any combination thereof.
Following the effectiveness of the shelf registration statement,
Radiant may periodically offer one or more of the registered
securities in amounts, at prices, and on terms to be announced
when, and if, the securities are offered. The terms of any
securities offered under the registration statement, and the
intended use of the net proceeds resulting therefrom, will be
established at the times of the offerings and will be described in
prospectus supplements filed with the SEC at the times of the
offerings.
These securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes
effective. This press release is not an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
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.
A copy of the shelf registration statement on Form S-3 and
copies of the prospectus supplements relating to any offerings
under the registration statement, when available, can be obtained
by contacting Radiant Logistics, Inc., Attention: Todd Macomber, Chief Financial Officer, 405
114th avenue S.E., Third Floor, Bellevue, WA 98004. Telephone: (425) 943-4599.
Email: tmacomber@radiantdelivers.com.
About Radiant Logistics (NYSE American: RLGT)
Radiant Logistics is a third-party logistics and multimodal
transportation services company delivering advanced supply chain
solutions through a network of company-owned and strategic
operating partner locations across North
America. Through its comprehensive service offering, Radiant
provides domestic and international freight forwarding services,
truck and rail brokerage services and other value-added supply
chain management services, including customs brokerage, order
fulfillment, inventory management and warehousing to its customers,
as well as growth, liquidity, and ongoing support for its strategic
operating partners.
Interested parties can access additional information about
Radiant on its web site at http://www.radiantdelivers.com, and in
documents filed with the United States Securities and Exchange
Commission, on the SEC's website at http://www.sec.gov.
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, regarding future operating performance, events, trends and
plans. All statements other than statements of historical fact
contained herein, including, without limitation, statements
regarding our future financial position, business strategy,
budgets, projected revenues and costs, and plans and objectives of
management for future operations, are forward-looking
statements. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may,"
"will," "expects," "intends," "plans," "projects," "estimates,"
"anticipates," or "believes" or the negative thereof or any
variation thereon or similar terminology or expressions. We have
based these forward-looking statements on our current expectations
and projections about future events. These forward-looking
statements are not guarantees and are subject to known and unknown
risks, uncertainties and assumptions about us that may cause our
actual results, levels of activity, performance or achievements to
be materially different from any future results, levels of
activity, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause our
actual results to differ from our expectations, include, but are
not limited to those risk factors disclosed in Item 1A of our
Report on Form 10-K for the year ended June
30, 2018, other filings with the Securities and Exchange
Commission and other public documents and press releases which can
be found on our website (www.radiantdelivers.com). Readers are
cautioned not to place undue reliance on our forward-looking
statements, as they speak only as of the date made. Such statements
are not guarantees of future performance or events and we undertake
no obligation to disclose any revision to these forward-looking
statements to reflect events or circumstances occurring after the
date hereof.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/radiant-logistics-announces-filing-of-100-million-universal-shelf-registration-statement-300765966.html
SOURCE Radiant Logistics, Inc.