OTG Software Announces Public Offering:
TM: Kenny Madsen says insiders selling today (not S1 related) due to open window after earnings announced. Do you have an opinion?
BETHESDA, Md., Oct 24, 2000 /PRNewswire via COMTEX/ -- OTG Software, Inc. (Nasdaq: OTGS chart, msgs) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a public offering of its shares of Common Stock. The Common Stock to be offered will consist of 1,650,000 shares to be issued by OTG and 1,650,000 shares to be sold by certain stockholders of OTG. OTG will not receive any proceeds from the sale of shares by the selling stockholders. |
