Merriman Curhan Ford & Co. was the book-running manager for the offering and C.E. Unterberg, Towbin and Kaufman Bros., L.P. were co-managers.
In addition to the shares offered by VeriChip, Applied Digital, VeriChip's largest shareholder, has granted the underwriters a 30-day option to purchase up to an additional 465,000 shares of VeriChip's common stock to cover over-allotments, if any.
VeriChip develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. The offering of these securities is made only by means of a prospectus, copies of which may be obtained from Merriman Curhan Ford & Co., 600 California St., San Francisco, CA, 94108 (telephone 415-248-5600 or fax: 415-248-5690).
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission on February 9, 2007. 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 state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering will be made only by means of a prospectus - Applied Digital.
Posted February 19th, 2007 by Nymphadora
