Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sonic Solutions > News item |
Sonic Solutions files $50 million shelf covering preferreds and stock
By Devika Patel
Knoxville, Tenn., Sept. 10 - Sonic Solutions filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, preferred stock and warrants.
The preferreds may be structured as convertibles.
Proceeds will be used for research and development, expanding manufacturing and customer service, development of additional products and services and other working capital and general corporate purposes.
Based in Novato, Calif., Sonic Solutions designs and manufactures DVD publishing systems.
© 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.