Shelf Registration Statement
Monday March 1, 7:55 pm Eastern Time
Company Press Release
SOURCE: Digital Microwave Corporation
Digital Microwave Corporation Files Shelf Registration Statement
SAN JOSE, Calif., March 1 /PRNewswire/ -- Digital Microwave Corporation (Nasdaq: DMIC - news) today announced the filing of a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission. The registration statement covers an aggregate of up to $65,000,000 of the Company's debt securities, common stock, debt warrants and common stock warrants, any of which may be offered by the Company from time to time at prices and on terms to be determined at the time of any such offering. The Company intends to use the proceeds from any such offerings for general corporate purposes, including the repayment of long-term or short-term borrowings or as stated in a supplement or supplements to the prospectus contained in the registration statement.
The 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.
Headquartered in San Jose, Calif., Digital Microwave Corporation designs, manufactures, and markets advanced wireless solutions for worldwide telephone network interconnection and access. Transmitting and receiving multiple digital lines, Digital Microwave's high- performance systems carry voice, data, and digitized video signals across a full spectrum of frequencies and capacities.
For more information, contact dmcwave.com . |