DigitalGlobe Announces Secondary Offering of Its Common Stock
September 14 2010 - 6:21AM
Marketwired
DigitalGlobe (NYSE: DGI), a leading global content provider of
high-resolution earth imagery solutions, today announced that it
filed a preliminary prospectus supplement in connection with the
commencement of a secondary offering by certain of its
shareholders, including Morgan Stanley, of 6,000,877 shares of its
common stock. The secondary offering will be made pursuant to a
Registration Statement on Form S-3, filed with the Securities and
Exchange Commission on September 14, 2010. Morgan Stanley also
expects to grant the underwriters an option to purchase up to an
additional 900,000 shares of DigitalGlobe's common stock to cover
over-allotments, if any. DigitalGlobe will not receive any of the
proceeds from the sale of shares of its common stock.
Morgan Stanley and J.P. Morgan are serving as joint book-running
managers for the offering. Citi and Canaccord Genuity, Inc. are
acting as co-managers.
A preliminary prospectus supplement and the accompanying base
prospectus relating to the offering have been filed with the U.S.
Securities and Exchange Commission and are available on its
website, www.sec.gov. Copies of the preliminary prospectus
supplement and accompanying base prospectus relating to the
offering may also be obtained when available from:
Morgan Stanley & Co. Incorporated 180 Varick Street New
York, New York 10014 Attention: Prospectus Department E-mail:
prospectus@morganstanley.com
J.P. Morgan Securities, Inc. c/o Broadridge Financial Solutions
1155 Long Island Avenue Edgewood, New York 11717 (866) 430-0686
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any offer of
these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such
jurisdiction.
About DigitalGlobe DigitalGlobe is a
leading global provider of commercial high-resolution earth imagery
products and services. Sourced from our own advanced satellite
constellation, our imagery solutions support a wide variety of uses
within defense and intelligence, civil agencies, mapping and
analysis, environmental monitoring, oil and gas exploration,
infrastructure management, internet portals and navigation
technology. With our collection sources and comprehensive
ImageLibrary (containing more than one billion square kilometers of
earth imagery and imagery products) we offer a range of on- and
off-line products and services designed to enable customers to
easily access and integrate our imagery into their business
operations and applications. DigitalGlobe is a registered trademark
of DigitalGlobe.
Forward-Looking Statements This release
may contain forward-looking statements. Forward-looking statements
relate to future events or our future financial performance. We
generally identify forward-looking statements by terminology such
as "may," "will," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential" or "continue" or
the negative of these terms or other similar words, although not
all forward-looking statements contain these words. These
statements are only predictions.
Any forward-looking statements contained in this release are
based upon our historical performance and on our current plans,
estimates and expectations. The inclusion of this forward-looking
information should not be regarded as a representation that the
future plans, estimates or expectations contemplated by us will be
achieved. Such forward-looking statements are subject to various
risks and uncertainties and assumptions relating to our operations,
financial results, financial condition, business, prospects, growth
strategy and liquidity. If one or more of these or other risks or
uncertainties materialize, or if our underlying assumptions prove
to be incorrect, our actual results may vary materially from those
indicated in these statements.
Media Contact: Dan Walsh Racepoint Group 781.487.4633 Email
Contact Investor Contact: David Banks DigitalGlobe 303.684.4210
Email Contact
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