Iconix plans to offer $250mn convertible senior subordinated notes
14 Jun '07
3 min read
These activities could have the effect of increasing or preventing a decline in the price of the common stock of Iconix concurrently or following the pricing of the Notes. In addition, the hedge counterparties or their affiliates may from time to time, following the pricing of the Notes, enter into or unwind various derivative transactions with respect to the common stock of Iconix and/or purchase or sell common stock of Iconix in secondary market transactions.
These activities could have the effect of decreasing the price of the common stock of Iconix and could affect the price of the Notes. The convertible note hedge transactions are intended to reduce potential dilution to Iconix' common stock upon potential future conversion of the Notes.
This notice does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of an offering memorandum.
Iconix' issuance of the Notes and the shares of Iconix common stock issuable upon conversion have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction. Such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.