Lionbridge Technologies, Inc. Files Registration Statement for Public Offering of Common Stock
Press release from the issuing company
WALTHAM, Mass., Nov. 23 -- Lionbridge Technologies, Inc., a leading provider of globalization and testing services, today announced the filing of a registration statement with the Securities and Exchange Commission for a proposed public offering of 9,400,000 shares of its common stock. All of these shares are being offered by Bowne & Co., Inc., which sold its globalization division, Bowne Global Solutions (BGS), to Lionbridge on September 1, 2005. As part of the purchase price for BGS, Bowne & Co. received 9,400,000 shares of Lionbridge common stock.
The registration statement also covers the underwriters' option to purchase up to 900,000 additional shares of common stock from Lionbridge and up to 510,000 shares to be offered by certain stockholders to cover over- allotments, if any. When available, copies of the preliminary prospectus may be obtained from Lionbridge, 1050 Winter Street, Waltham, MA 02451.
The registration statement relating to these securities has been filed with the Securities and Exchange Commission, 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 the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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