Art Technology files $250 million shelf for stock, preferreds and debt

By Devika Patel

Knoxville, Tenn., Nov. 2 - Art Technology Group, Inc. filed a $250 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities and warrants.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Cambridge, Mass.-based Art Technology Group develops and markets a suite of e-commerce software products and software-as-a-service solutions, as well as provide related services, including support and maintenance, professional services, application hosting, e-commerce optimization services for enhancing online sales, and education.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.