Computer Access (NASDAQ:CATZ)
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Computer Access Technology Corporation Announces Filing of a Registration
Statement for Sale of Common Stock by Selling Stockholders
SANTA CLARA, Calif., March 3 /PRNewswire-FirstCall/ -- Computer Access
Technology Corporation (CATC) , a communication protocols test and measurement
product and services company, today announced that it has filed a registration
statement with the Securities and Exchange Commission today to conduct a
secondary offering, subject to market and other conditions, of up to 3 million
shares of common stock (plus up to an additional 450,000 shares to cover
over-allotments by the underwriter) owned by Dan Wilnai, Peretz Tzarnotzky and
Philips Semiconductors, Inc. The Company will not sell any shares in the
offering or receive any proceeds from the offering.
B. Riley & Co. is acting as the underwriter in the secondary offering.
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 any
securities, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation, or sale would be unlawful prior
registration or qualification under the securities laws of any such state or
jurisdiction.
A copy of the Prospectus relating to the offering may be obtained from the
Prospectus Department of B. Riley & Co., at 4675 MacArthur Court, Suite 1500,
Newport Beach, CA 92660, or by calling 949-852-9911.
DATASOURCE: Computer Access Technology Corporation
CONTACT: Carmine J. Napolitano, +1-408-486-7786, or
, for Computer Access Technology Corporation
Web site: http://www.catc.com/