Co announces that it commenced a public offering of 3,863,050 of its ordinary shares. Of such shares, 712,618 ordinary shares are being offered by EZchip and 3,150,432 ordinary shares are being offered by the "Selling Shareholders", which consists of funds affiliated with Goldman, Sachs & Co. and JK&B Capital. EZchip intends to use all of its net proceeds from the offering to purchase from the employees for cash a portion of their exchanged EZchip Technologies securities to enable them to fund their tax obligation as a result of the employee exchange offer.
Re: covered 12.65 from 13.05, cannot understand why it did not and has not ta...
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 Reply to stocktrader22 - Msg #27 - 11/27/2009 11:19
Re: covered 12.65 from 13.05, cannot understand why it did not and has not tanked...
shelf doesnt mean they are definitely diluting, that means they can when they need to...
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