Smith & Wesson to use around $24mn for repurchase outstanding warrant
08 Sep '05
3 min read
The securities issued in the private placement have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States in the absence of an effective registration statement or exemption from such registration requirements.
Pursuant to the terms of the purchase agreement, Smith & Wesson plans to file a registration statement with the Securities and Exchange Commission on Form S-3 within 30 days of the closing of the transaction, registering the common stock for potential resale.
Safety and protection equipment provider, Massachusetts based, Smith & Wesson Corp is one of the world's largest providers of firearms, accessories and services for the global safety, security, and protection and sport markets.
The Company manufactures firearms and handcuffs for law enforcement customers, and is home to America's longest-running firearms training facilities for America's public servants. The Company also markets a variety of products including firearm safety/security devices, shooting protective gear, knives, apparel, footwear and other accessory lines.
marketing@alchempro.com
