A T M I COMMENCES PUBLIC OFFERING
Of 2,800,000 Shares of Common Stock
DANBURY, CT - March 30, 2000 -A T M I, Inc. (Nasdaq: ATMI), today
announced the commencement of its public offering of 2,800,000 shares of
its common stock at a public offering price of $45.00 per share. Of these
shares being offered, 1,500,000 shares are being sold by the Company and
1,300,000 shares by selling stockholders. In addition, the underwriters of
the offering have an option to purchase an additional 375,000 shares from
the Company and 45,000 shares from one of the selling stockholders to cover
over-allotments. The Company plans to use the net proceeds from the
offering for working capital and other general corporate purposes. The
Company will not receive any proceeds from the sale of shares by selling
stockholders.
The offering has been reduced from 3,100,000 to 2,800,000 shares of
common stock as a result of one of the selling stockholders reducing the
number of shares he will offer. In addition, the Company has agreed to
increase the number of shares that it will include in the over-allotment
option to 375,000. No members of management of A T M I are selling shares
in the offering. The offering is being managed by Goldman, Sachs & Co.;
Banc of America Securities LLC; Deutsche Banc Alex. Brown; and Prudential
Volpe Technology Group, a unit of Prudential Securities.
Copies of the final prospectus may be obtained from Goldman, Sachs &
Co. at 85 Broad Street, New York, New York, 10004, 212-902-1000.
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 state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws
of any such state.
A T M I provides specialty materials and related equipment and
services to the worldwide semiconductor industry. Related equipment
includes materials packaging systems, delivery systems, sensors, and a full
line of environmental equipment. Services include materials management,
equipment servicing, and thin film deposition. |
