FORT WASHINGTON, Pa. --(BUSINESS WIRE)--Aug. 6, 2009-- Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (the “Company”) announced today that it has priced an underwritten public offering of 7.0 million newly issued shares of its common stock at a public offering price of $5.00 per share. Jefferies & Company, Inc. is the sole underwriter for this offering. The Company has granted the underwriter a 30-day option to purchase up to 1.0 million additional shares to cover over-allotments, if any. The offering is expected to close on August 11, 2009 , subject to customary closing conditions. 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