|
|
Article: Color Kinetics Announces Exercise of Over-Allotment Option in Public Offering.
- Article from:
- PR Newswire
- Article date:
- December 13, 2006
|
Copyright informationCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BOSTON, Dec. 13 /PRNewswire-FirstCall/ -- Color Kinetics Incorporated , a leading innovator of LED lighting systems and technologies, today announced that the underwriters of its recent common stock offering have exercised in full their over-allotment option to purchase an additional 541,350 shares of Color Kinetics common stock from certain selling stockholders. The over-allotment option was granted to the underwriters in connection with the offering of 3,609,000 shares of Color Kinetics common stock.
At the completion of the offering, after giving effect to the exercise of the over-allotment option, Color Kinetics will have approximately 21,287,715 shares issued and ...