Nuance Communications, Inc. Commences Public Offering of Common Stock

AddThis Feed Button

June 8th, 2008 Leave a comment Visited 52 times, 1 so far today

Nuance Communications, Inc. (NASDAQ: NUAN) announced today that it has agreed to sell 5,575,000 shares of its common stock in an underwritten public offering. The last reported sale price of its common stock on June 4, 2008 was $18.80 per share. Nuance also has granted the underwriter a 30-day option to purchase up to 836,250 additional shares of common stock. Nuance intends to use the net proceeds from this offering for general corporate purposes, including working capital and to fund possible investments in and acquisitions of complementary businesses, partnerships, minority investments, products or technologies. The Company expects to close the offering on or about June 10, 2008, subject to customary closing conditions.

Thomas Weisel Partners LLC is acting as the sole underwriter for the offering.

The offering is being made pursuant to an effective shelf registration statement. The offering may be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by sending a request to: Keith Lister, klister {at} tweisel(.)com; 415-364-2991.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of the securities, nor shall there by 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 law of any such state.

About Nuance Communications, Inc.

Nuance is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance’s proven applications and professional services.

The statements in this press release, relating to future plans or future events or services, are forward-looking statements which are subject to specific risks and uncertainties. These could involve particular market trends, competition factors and other risks described in the documents submitted to the US Securities and Exchange Commission. The actual results, events and services may vary significantly from the forecasts. The reader is warned not to rely on these forward-looking statements without reservation, since these are simply reflections of the current situation.
Contacts

Nuance Communications, Inc.
Richard Mack, 781-565-5000
richard.mack {at} nuance(.)com





TechWhack on Facebook

Comments are closed.

Related Posts

Popular Posts

blank