Ceragon Networks? Announces Filing of Shelf Registration
Poster: SySAdmin
Posted on August 15, 2012 at 8:49:01 AM
Ceragon Networks(R) Announces Filing of Shelf Registration
PARAMUS, New Jersey, August 15, 2012/PRNewswire-FirstCall/ --
Ceragon Networks Ltd. (NASDAQ: CRNT [http://www.ceragon.com/investor_relations.asp ]),
the #1 wireless backhaul specialist, today announced that it has filed a "shelf"
registration statement on Form F-3 with the Securities and Exchange Commission (SEC).
Under the shelf registration statement, once declared effective by the SEC, Ceragon may
offer and sell from time to time in the future, in one or more public offerings, up to
$150,000,000 of ordinary shares, warrants, debt securities or any combination thereof. The
specifics of any future offering, along with the prices and terms of any such securities
offered by Ceragon, will be determined at the time of any such offering and will be
described in detail in a prospectus supplement filed at the time of any such offering.
Ceragon's shelf registration statement has been filed with the SEC but has not yet
become effective, and until the registration statement is declared effective by the SEC
the securities registered may not be sold, nor may offers to buy be accepted. This press
release does not constitute an offer to sell or the solicitation of an offer to buy the
securities, nor shall there be any sale of the securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or jurisdiction. Any offering of
the securities covered by the registration statement will only be by means of a prospectus
and an accompanying prospectus supplement.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We
provide innovative, flexible and cost-effective wireless backhaul solutions that enable
mobile operators and other wired/wireless service providers to deliver 2G/3G, 4G/LTE and
other broadband services to their subscribers. Ceragon's high-capacity, solutions use
microwave technology to transfer voice and data traffic while maximizing bandwidth
efficiency, to deliver more capacity over longer distances under any deployment scenario.
Based on our extensive global experience, Ceragon delivers turnkey solutions that support
service provider profitability at every stage of the network lifecycle enabling faster
time to revenue, cost-effective operation and simple migration to all-IP networks. As the
demand for data pushes the need for ever-increasing capacity, Ceragon is committed to
serve the market with unmatched technology and innovation, ensuring effective solutions
for the evolving needs of the marketplace. Our solutions are deployed by more than 430
service providers in over 130 countries.
Ceragon Networks(R) is a registered trademark of Ceragon Networks Ltd. in the United
States and other countries. Other names mentioned are owned by their respective holders.
Join the discussion
http://www.linkedin.com/company/14470
http://www.facebook.com/ceragonnetworks
http://twitter.com/Ceragon
http://www.youtube.com/user/CeragonNetworks?feature=mhum
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These statements are based on current expectations and projections that involve a
number of risks and uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and estimates. These
are important factors that could cause actual results to differ materially from forecasts
and estimates. Some of the factors that could significantly impact the forward-looking
statements in this press release include the risk of significant expenses in connection
with potential contingent tax liability associated with Nera's prior operations or
facilities, the risk that the combined Ceragon and Nera business may not perform as
expected, risks associated with increased working capital needs, and other risks and
uncertainties, which are discussed in greater detail in Ceragon's Annual Report on Form
20-F and Ceragon's other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they are made and Ceragon
undertakes no commitment to revise or update any forward-looking statement in order to
reflect events or circumstances after the date any such statement is made. Ceragon's
public filings are available from the Securities and Exchange Commission's website at
http://www.sec.gov or may be obtained on Ceragon's website at http://www.ceragon.com.
Company & Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-(201)-853-0228
Intl. +972-3-5431-132
yoelk@ceragon.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-(201)-853-0271
Intl. +972-3-5431-166
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-(508)-475-0025 x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
PARAMUS, New Jersey, August 15, 2012/PRNewswire-FirstCall/ --
Ceragon Networks Ltd. (NASDAQ: CRNT [http://www.ceragon.com/investor_relations.asp ]),
the #1 wireless backhaul specialist, today announced that it has filed a "shelf"
registration statement on Form F-3 with the Securities and Exchange Commission (SEC).
Under the shelf registration statement, once declared effective by the SEC, Ceragon may
offer and sell from time to time in the future, in one or more public offerings, up to
$150,000,000 of ordinary shares, warrants, debt securities or any combination thereof. The
specifics of any future offering, along with the prices and terms of any such securities
offered by Ceragon, will be determined at the time of any such offering and will be
described in detail in a prospectus supplement filed at the time of any such offering.
Ceragon's shelf registration statement has been filed with the SEC but has not yet
become effective, and until the registration statement is declared effective by the SEC
the securities registered may not be sold, nor may offers to buy be accepted. This press
release does not constitute an offer to sell or the solicitation of an offer to buy the
securities, nor shall there be any sale of the securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or jurisdiction. Any offering of
the securities covered by the registration statement will only be by means of a prospectus
and an accompanying prospectus supplement.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We
provide innovative, flexible and cost-effective wireless backhaul solutions that enable
mobile operators and other wired/wireless service providers to deliver 2G/3G, 4G/LTE and
other broadband services to their subscribers. Ceragon's high-capacity, solutions use
microwave technology to transfer voice and data traffic while maximizing bandwidth
efficiency, to deliver more capacity over longer distances under any deployment scenario.
Based on our extensive global experience, Ceragon delivers turnkey solutions that support
service provider profitability at every stage of the network lifecycle enabling faster
time to revenue, cost-effective operation and simple migration to all-IP networks. As the
demand for data pushes the need for ever-increasing capacity, Ceragon is committed to
serve the market with unmatched technology and innovation, ensuring effective solutions
for the evolving needs of the marketplace. Our solutions are deployed by more than 430
service providers in over 130 countries.
Ceragon Networks(R) is a registered trademark of Ceragon Networks Ltd. in the United
States and other countries. Other names mentioned are owned by their respective holders.
Join the discussion
http://www.linkedin.com/company/14470
http://www.facebook.com/ceragonnetworks
http://twitter.com/Ceragon
http://www.youtube.com/user/CeragonNetworks?feature=mhum
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These statements are based on current expectations and projections that involve a
number of risks and uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and estimates. These
are important factors that could cause actual results to differ materially from forecasts
and estimates. Some of the factors that could significantly impact the forward-looking
statements in this press release include the risk of significant expenses in connection
with potential contingent tax liability associated with Nera's prior operations or
facilities, the risk that the combined Ceragon and Nera business may not perform as
expected, risks associated with increased working capital needs, and other risks and
uncertainties, which are discussed in greater detail in Ceragon's Annual Report on Form
20-F and Ceragon's other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they are made and Ceragon
undertakes no commitment to revise or update any forward-looking statement in order to
reflect events or circumstances after the date any such statement is made. Ceragon's
public filings are available from the Securities and Exchange Commission's website at
http://www.sec.gov or may be obtained on Ceragon's website at http://www.ceragon.com.
Company & Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-(201)-853-0228
Intl. +972-3-5431-132
yoelk@ceragon.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-(201)-853-0271
Intl. +972-3-5431-166
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-(508)-475-0025 x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd