RENTON,
Wash., April 27, 2022 /PRNewswire/ -- Radiant
Logistics, Inc. (NYSE American: RLGT), a third-party logistics and
multimodal transportation services company, today announced that it
has filed a new universal shelf registration statement on Form S-3
with the United States Securities and Exchange Commission ("SEC"),
which will replace its previous $100
million universal shelf registration that recently expired.
The shelf registration statement is intended to provide Radiant
with flexibility to access the public capital markets in the future
in order to respond to financing and business opportunities that
may arise at that time.
Although the shelf registration statement has been filed with
the SEC, it has not yet become effective. Following the
effectiveness of the shelf registration statement, Radiant will be
able to offer and sell, from time to time, up to $150 million of securities such as senior,
subordinated or convertible debt securities, warrants, units,
common and preferred stock, or any combination thereof, in amounts,
at prices, and on terms to be announced when, and if, the
securities are offered. The terms of any securities offered under
the shelf registration statement, and the intended use of the net
proceeds resulting therefrom, will be established at the times of
the offerings and will be described in prospectus supplements to-be
filed with the SEC at the times of the offerings. At the present
time, Radiant has no specific plans to issue securities under the
shelf registration statement.
These securities may not be sold, nor may offers to buy be
accepted, prior to the time the shelf registration statement
becomes effective. This press release is not an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
A copy of the shelf registration statement on Form S-3 and
copies of the prospectus supplements relating to any offerings
under the shelf registration statement, when available, can be
obtained by contacting Radiant Logistics, Inc., Attention:
Todd Macomber, Chief Financial
Officer, Triton Towers Two, 700 S. Renton Village Place, Seventh
Floor, Renton, WA 98057.
Telephone: (425) 943-4599. Email:
tmacomber@radiantdelivers.com.
About Radiant Logistics (NYSE American: RLGT)
Radiant Logistics (www.radiantdelivers.com) is a third-party
logistics and multimodal transportation services company delivering
advanced supply chain solutions through a network of company-owned
and strategic operating partner locations across North
America. Through its comprehensive service offering, Radiant
provides domestic and international freight forwarding services,
truck and rail brokerage services and other value-added supply
chain management services, including customs brokerage, order
fulfillment, inventory management and warehousing to its
customers.
Interested parties can access additional information about
Radiant on its web site at http://www.radiantdelivers.com, and in
documents filed with the United States Securities and Exchange
Commission, on the SEC's website at http://www.sec.gov.
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, regarding future operating performance, events, trends and
plans. All statements other than statements of historical fact
contained herein, including, without limitation, statements
regarding our future financial position, business strategy, and
plans and objectives of management for future operations, are
forward-looking statements. Forward-looking statements generally
can be identified by the use of forward-looking terminology such as
"may," "will," "expects," "intends," "plans," "projects,"
"estimates," "anticipates," or "believes" or the negative thereof
or any variation thereon or similar terminology or expressions. We
have based these forward-looking statements on our current
expectations and projections about future events. These
forward-looking statements are not guarantees and are subject to
known and unknown risks, uncertainties and assumptions about us
that may cause our actual results, levels of activity, performance
or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by such forward-looking statements. Important factors that
could cause our actual results to differ from our expectations,
include, but are not limited to those risk factors disclosed in
Item 1A of our Report on Form 10-K for the year ended June 30, 2021, other filings with the Securities
and Exchange Commission and other public documents and press
releases which can be found on our website
(www.radiantdelivers.com). Readers are cautioned not to place undue
reliance on our forward-looking statements, as they speak only as
of the date made. Such statements are not guarantees of future
performance or events and we undertake no obligation to disclose
any revision to these forward-looking statements to reflect events
or circumstances occurring after the date hereof.
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SOURCE Radiant Logistics, Inc.