FORT WASHINGTON, Pa. --(BUSINESS WIRE)--Aug. 5, 2009-- Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC) (the “Company”) announced today that it has commenced an underwritten public offering of up to 7.0 million shares of its common stock pursuant to the Company’s effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). Jefferies & Company, Inc. will serve as sole underwriter for this offering. The underwriter will also have the option to purchase up to an additional 1.0 million shares of common stock from the Company at the public offering price, less underwriting discounts and commissions, within 30 days, solely to cover over-allotments, if any. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from the offering to fund working capital requirements and for general corporate purposes.
The shares will be issued pursuant to an effective shelf registration statement that was previously filed with the
This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any security of the Company, nor will there be any sale of such security in any jurisdiction in which such offer, sale or solicitation would be unlawful. The offering may be made only be means of a prospectus supplement and related base prospectus.
About Kulicke & Soffa
Source:
FD
Geoff Grande, CFA
P: 617-747-1721
F: 617-747-1711
geoff.grande@fd.com
or
Kulicke & Soffa
Tom Johnson
Director – Investor Relations & Corporate Communications
P: 215-784-6411
F: 215-784-6167
tjohnson@kns.com