Cemtrex Files Shelf Registration Statement
June 05 2017 - 4:37PM
Cemtrex (Nasdaq: CETX, CETXP, CETXW), a world leading industrial
and manufacturing leader, announced today that it has filed a shelf
registration statement on Form S-3 with the United States
Securities and Exchange Commission (SEC). The registration
statement, once declared effective by the SEC, is intended to
provide the company with flexibility to access the capital markets
in a timely manner.
Cemtrex’s Chairman and CEO, Saagar Govil, commented, “This
registration statement is part of our advance preparation for a
long-term strategy around growing the business and supporting
future acquisitions. Presently, we have no immediate plans to
sell any shares under this registration statement.”
Under the shelf registration statement, once declared effective
by the SEC, Cemtrex may from time to time issue up to an aggregate
$20,000,000 of shares of its common stock within a three year
period. Currently, the company has no specific plans to issue any
securities under the registration statement. The specifics of any
future offering, along with the prices and terms of any such
securities offered by Cemtrex will be determined at the time of any
such offering and will be described in detail in a prospectus
supplement filed in connection with such offering.
The shelf registration statement relating to these securities
has been filed with the SEC 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 a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration and
qualification under the securities law of such jurisdiction. Any
offering of the securities covered by the shelf registration
statement will be made solely by means of a prospectus and an
accompanying prospectus supplement relating to that offering. A
copy of the prospectus included in the registration statement may
be obtained on the SEC’s website at www.sec.gov or the company’s
website www.cemtrex.com/investor-relations/sec-filings.
After the shelf registration becomes effective, Cemtrex may
offer and sell securities covered by the registration statement
through one or more methods of distribution, subject to market
conditions and Cemtrex’s capital needs. The terms of any offering
under the shelf registration statement will be established at the
time of the offering and described in a prospectus supplement filed
with the SEC prior to the completion of the offering.
About Cemtrex
Cemtrex, Inc. (NASDAQ:CETX) is a world leading diversified
industrial and manufacturing company that provides a wide array of
solutions to meet today's technology challenges. Cemtrex provides
manufacturing services of advanced custom engineered electronics,
industrial services, monitoring instruments for industrial
processes and environmental compliance, and systems for controlling
particulates, hazardous gases, emissions of Greenhouse gases, and
other regulated pollutants used in emissions trading
globally.www.cemtrex.com
Safe Harbor Statement This press release
contains forward-looking statements. Actual results could differ
materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties. Statements made
herein are as of the date of this press release and should not be
relied upon as of any subsequent date.
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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