Certicom Applies for Initial NASDAQ Listing in Connection with Offering of 2 Million Common Shares in the United States and Canada
HAYWARD, CA, March 2 /CNW/ - Certicom Corp. (TSE: CIC) today announced it
has filed a registration statement with the U.S. Securities and Exchange
Commission and a preliminary short form prospectus with the securities
commissions or similar authorities in each of the provinces and territories of
Canada pursuant to the U.S./Canada Multi-Jurisdictional Disclosure System for
a proposed public offering of 2,000,000 of its common shares.
The lead manager for the offering is FleetBoston Robertson Stephens Inc.,
and the co-managers are Dain Rauscher Wessels, Wit SoundView, Yorkton
Securities and TD Securities.
As described in the registration statement and the preliminary
prospectus, all of the 2,000,000 common shares will be offered by Certicom. In
addition, Certicom will grant the underwriters an option to purchase up to an
additional 300,000 common shares to cover over-allotments, if any.
In connection with the offering, Certicom has also applied to have its
common shares quoted on the Nasdaq National Market, which quotation will be
subject to the fulfillment of Nasdaq requirements.
A registration statement relating to these securities has been filed with
the U.S Securities and Exchange Commission but has not yet become effective.
The 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 the solicitation of an offer to buy,
nor shall there be any sale of these securities in any U.S. State in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such U.S. State.
Copies of the U.S. preliminary prospectus relating to the offering may be
obtained from FleetBoston Robertson Stephens Inc. at 555 California Street,
Suite 2600, San Francisco, CA 94104, 415/781-9700. Copies of the Canadian
preliminary short form prospectus relating to the offering may be obtained
from Yorkton Securities, Toronto or TD Securities, Toronto.
Certicom is a registered trademark of Certicom Corp.
-30-
For further information: Rich Brounstein, Chief Financial Officer,
Certicom Corp., (510) 780-5325, rbrounstein@certicom.com; Lorraine
Kauffman, Public Relations Specialist, Certicom Corp., (510) 780-5417,
lkauffman@certicom.com |
