[Amati files S-3 amendment]
edgar-online.com
PROSPECTUS
UP TO 1,739,672 SHARES OF COMMON STOCK, ALL OF WHICH ARE TO BE OFFERED BY THE SELLING STOCKHOLDERS, INCLUDING 600,000 SHARES ISSUABLE TO THE SELLING STOCKHOLDERS ON EXERCISE OF OUTSTANDING WARRANTS TO PURCHASE COMMON STOCK (THE WARRANTS")
AMATI COMMUNICATIONS CORPORATION
A minimum of 1,629,001 shares (the "Shares") of Common Stock, $0.20 par value, (the "Common Stock") of Amati Communications Corporation (the "Company"), offered by this prospectus (the "Prospectus"), including 600,000 Shares issuable to the Selling Stockholders by the Company on exercise of warrants ("Warrants") to purchase Common Stock, may be sold by the holders of such Shares (collectively, the "Selling Stockholders") named in this Prospectus. See "Selling Stockholders." The number of shares offered hereby is subject to adjustment. See "Selling Stockholders." The Company will not receive any proceeds from the sale of shares by the Selling Stockholders. The Company could receive up to $12,735,000 on the exercise of the Warrants.
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someone help me puzzle through this. the quantities of shares and warrants suggest Soros. is he bailing out, or is this the formwork that goes with Amati getting the final chunk of money from Soros?
mark |
