Lighting Science Group Files Registration Statement For Public Offering Of Common
Stock
SATELLITE BEACH, Fla., Feb. 10, 2011 /PRNewswire via COMTEX/ -- Lighting Science
Group Corporation (LSCG), a leading American maker of LED lighting, has filed a
Form S-1 registration statement with the Securities and Exchange Commission for a
proposed public offering for the sale of $150,000,000 of its common stock.
Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC will act as
joint book-running managers for the proposed offering. Stifel Nicolaus & Company,
Incorporated, Moelis & Company LLC, and Piper Jaffray & Co. will serve as
co-managers. The offering will be made only by means of a prospectus.
When available, a copy of the preliminary prospectus relating to these securities
may be obtained from: Credit Suisse Securities (USA) LLC, Attention: Credit
Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, or by
calling: 800-221-1037 or J.P. Morgan Securities LLC, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus
Department, or by calling: 866-803-9204.
A registration statement relating to the securities has been filed with the
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 news release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of, the securities in any state or jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or jurisdiction.
About Lighting Science
Lighting Science Group Corporation (LSCG) designs, develops, manufactures and
markets LED lighting solutions that are environmentally friendlier and more
energy efficient than traditional lighting products. Lighting Science Group
offers retrofit LED lamps in form factors that match the form factor of
traditional lamps or bulbs and LED luminaires for a range of applications
including public and private infrastructure for both indoor and outdoor
applications. Lighting Science Group Design Works business unit designs, develops
and manufactures custom LED lighting solutions for architectural and artistic
projects. Lighting Science Group is headquartered in Satellite Beach, Florida;
the Company's European operations are based in Goes, The Netherlands; and, the
Company has a sales office in Sydney, Australia.
Forward Looking Statements Certain statements in this press release may
constitute "forward-looking statements" made under the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. The statements include,
but are not limited to statements regarding the performance of Lighting Science
Group and the performance of Lighting Science Group's products using terminology
such as "will," "should," "would," "could," "expect," "intend," "plan,"
"anticipate," or "believe." Such statements reflect the current view of Lighting
Science Group with respect to future events and are subject to certain risks,
uncertainties and assumptions. Known and unknown risks, uncertainties and other
factors could cause actual results to differ materially from those contemplated
by the statements. In evaluating these statements, you should specifically
consider various factors that may cause our actual results to differ materially
from any forward-looking statements. Readers should carefully review the risk
factors detailed under "Risk Factors" in our most recent Form 10-K and subsequent
Form 10-Qs on file with the Securities and Exchange Commission.
SOURCE Lighting Science Group Corporation |
