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Diodes Incorporated Files Registration Statement for 2,500,000 Shares of Common Stock
WESTLAKE VILLAGE, Calif., Aug. 25 /PRNewswire-FirstCall/ -- Diodes Incorporated (Nasdaq: DIOD) today announced that it has filed a Registration Statement on Form S-3 with the Securities and Exchange Commission for a proposed public offering of 2,500,000 shares of its common stock The filing provides for the sale of 1,750,000 shares by the Company and 750,000 by Lite-On Semiconductor Corporation, the Company's largest shareholder. In addition, the Company has granted the underwriters an option to purchase up to an additional 375,000 shares to cover over-allotments, if any. The underwriters will have 30 days from the date of the final prospectus to exercise the option.
UBS Investment Bank is acting as the book-running manager for the offering. A.G. Edwards & Sons, Inc., C.E. Unterberg, Towbin, LLC, Raymond James & Associates, Inc. and WR Hambrecht + Co, LLC are acting as co-managers of the offering. When available, a preliminary prospectus relating to the offering may be obtained from the UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171.
A 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 be accepted prior to the time the registration statement become 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.
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD) is a global supplier of discrete semiconductor products. The Company designs, manufacturers and markets discrete semiconductors focused on diverse end-use applications in the consumer electronics, computing, industrial, communications and automotive sectors. CONTACT: Carl Wertz, Chief Financial Officer, Diodes Incorporated, (805) 446-4800 SOURCE Diodes Incorporated -0- 08/25/2005 /CONTACT: Carl Wertz, Chief Financial Officer, Diodes Incorporated, +1-805-446-4800/ /Web site: http://www.diodes.com / (DIOD) CO: Diodes Incorporated ST: California IN: SEM ECP CPR SU: LK -- NYTH069 -- 8397 08/25/2005 08:56 EDT http://www.prnewswire.com