IMPCO Technologies Announces Public Offering of Its Common Stock
21 January 2005 - 11:15PM
PR Newswire (US)
IMPCO Technologies Announces Public Offering of Its Common Stock
CERRITOS, Calif., Jan. 21 /PRNewswire/ -- IMPCO Technologies, Inc.
(NASDAQ:IMCO), today announced it plans to offer 4,000,000 shares
of its common stock in a public offering of common stock pursuant
to its $60 million shelf registration statement. The Company
expects to grant an option to the underwriters to purchase 600,000
additional shares of common stock solely to cover over-allotments.
All of the shares are being sold by IMPCO Technologies. The
offering is being made through an underwriting syndicate in which
First Albany Capital Inc. will act as the sole book running manager
and Adams Harkness, Inc. will be a co-manager. Printed copies of
the preliminary prospectus supplement relating to the offering may
be obtained by contacting First Albany Capital Inc., 1 Penn Plaza,
New York, New York, 10119. The securities may not be sold nor may
offers to buy be accepted prior to the time the prospectus
supplement is final. 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 in which such
offer, solicitation, or sale would be unlawful prior to
registration or qualification under securities laws of any such
state. DATASOURCE: IMPCO Technologies, Inc. CONTACT: investor
relations, Mr. Dale Rasmussen of IMPCO Technologies,
+1-206-315-8242
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