FormFactor, Inc. Files Universal Shelf Registration on Form S-3
September 15, 2014
LIVERMORE, Calif. — FormFactor, Inc. announced today that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (“SEC”). The registration statement is intended to provide the Company additional flexibility to finance future business opportunities through timely and cost-effective access to the capital markets. Under the shelf registration statement, once declared effective by the SEC, FormFactor may from time to time issue various types of securities, including common stock, preferred stock, debt securities and/or warrants, up to an aggregate amount of $150 million.
The Company has no current plans to issue securities under the registration statement. Tom St. Dennis, Executive Chairman and Chief Executive Officer of FormFactor, said, “we believe this universal shelf registration statement is a prudent proactive move to support our future growth objectives as the filing will provide us increased financial flexibility and more efficient access to the capital markets.”
The shelf registration statement relating to these securities has been filed with the SEC but has not yet become effective. 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 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 jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Any offering of the securities covered under the shelf registration statement will be made solely by means of a prospectus and an accompanying prospectus supplement relating to that offering. A copy of the prospectus included in the registration statement may be obtained on the SEC’s website at www.sec.gov.
After the shelf registration statement becomes effective, FormFactor may offer and sell securities covered by the registration statement through one or more methods of distribution, subject to market conditions and FormFactor’s capital needs. The terms of any offering under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.