|
|
Article: Navigation Technologies Corporation Announces Initial Public Offering.
- Article from:
- Business Wire
- Article date:
- August 26, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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)
|
SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 26, 1996--Navigation Technologies Corp. announced today the filing with the Securities and Exchange Commission of a registration statement for a proposed public offering of 10,500,000 shares of common stock, all of which will be offered by the company.
Of the 10,500,000 shares, 8,400,000 shares will be offered initially in the United States and Canada and 2,100,000 shares will be offered initially outside the United States and Canada. In addition, the company has granted the U.S. Underwriters and the International Managers options to purchase an aggregate of 1,575,000 shares to cover over-allotments.
Philips ...