The Series B warrants expire on the date ten months from the date the initial offering
closes if no registration failure has occurred prior thereto or, if a registration failure does occur prior to such date, on the fourth anniversary of such registration failure.
The initial purchasers in the private offering plus the underwriters in the Mexican public offering have been provided with a 30-day option to purchase up to an additional 28,449,195 shares of common stock at the initial offering
price, less the underwriting discount, to cover over allotments, if any.
The procedures for tendering shares during the subsequent offering period are the same as during the initial offering
period, except that shares tendered during the subsequent offering period may not be tendered by the guaranteed delivery procedure and may not be withdrawn once tendered.
Procedures for tendering shares during the subsequent offering period are the same as during the initial offering
period with two exceptions: (1) stockholders will not be permitted to tender shares by means of guaranteed delivery and (2) pursuant to Rule 14d-7(a)(2) under the Securities Exchange Act of 1934, as amended, shares tendered during the subsequent offering period may not be withdrawn.
California Amplifier - a wireless cable TV and satellite TV reception component manufacturer - launched an initial offering
at $10 per share in December 1983 and closed at a 52-week high of 44-1/8 a share Wednesday.
Following the expiration of the initial offering
period, the final results of its self tender offer show that a total of 11,000 shares of voting common stock were validly tendered, representing approximately 34.
25 net per share in cash consideration paid during the initial offering
CEII President Michael Salaman commented that "We are extremely pleased that the market demand has resulted in our initial offering
being over subscribed, thus necessitating an increase to the $3 million level.
The proposed initial offering
is for the sale of shares and convertible securities in consideration for aggregate immediate net proceeds of approximately NIS135 million.
The issuance of these common shares generated gross proceeds of $20 million, based on the initial offering
price of $20 per share.
California United Bank (in organization) has announced the successful completion of the Bank's initial offering
of common stock effective April 27, 2005.
The subsequent offering period will permit all stockholders who did not tender shares in the initial offering
period to obtain the $3.