New Focus Announces Filing for Public Offering of 3,500,000 Shares Of Common Stock
August 7, 2000 04:05 PM Eastern Time
SANTA CLARA, Calif., Aug. 7 /PRNewswire/ -- New Focus, Inc. NUFO today announced the filing of a registration statement with the
Securities and Exchange Commission on July 28, 2000 relating to a proposed public offering of 3,500,000 shares of common stock
(not including up to 525,000 shares to cover underwriters' over-allotments, if any). All shares will be sold by the company. The company
will use the net proceeds for general corporate purposes, including working capital, capital expenditures, and potential acquisitions. The
offering is being made by Credit Suisse First Boston, Chase H&Q, CIBC World Markets, U.S. Bancorp Piper Jaffray, Dain Rauscher
Wessels and Epoch Partners.
A copy of the preliminary prospectus relating to the offering may be obtained from the offices of Credit Suisse First Boston Corporation,
11 Madison Avenue, New York, NY 10010-3629.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission 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 the 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.
About New Focus:
New Focus, Inc. designs, manufactures and markets innovative fiber-optic products for next-generation optical networks. The company's
Smart Optics for Networks(TM) products enhance the performance of next-generation optical networks by enabling higher channel
counts, faster data rates, longer reach lengths, new service capabilities, and lower costs of ownership. Founded in 1990, the company
remains a leader in the creation of advanced optical products for the commercial and research marketplaces. With over 900 employees
worldwide, the company is headquartered in Santa Clara, California and has operations in San Jose, California, Madison, Wisconsin,
and Shenzhen, People's Republic of China.
SOURCE New Focus, Inc. |
