LAKE MARY, Fla., Dec. 21, 2012 — /PRNewswire/ — FARO Technologies, Inc. (NASDAQ: FARO) currently announced that it has filed a shelf registration matter on Form S-3 with a Securities and Exchange Commission (SEC). The Company does not have evident skeleton to sell bonds underneath a shelf registration statement. Under a shelf registration statement, when announced effective by a SEC, FARO Technologies, Inc., might offer and sell from time to time adult to $250 million of a Company’s typical shares, warrants, or units or any multiple thereof. The specifics of any destiny offering, along with a prices, terms and a use of deduction will be described in a handbill further filed with a SEC before to a execution of a offering.
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The shelf registration matter has been filed with a SEC though has not nonetheless turn effective. The bonds purebred might not be sole nor might offers to buy these bonds be supposed before to a time a registration becomes effective. This press recover shall not consecrate a questionnaire of an offer to buy, nor shall there be any sale of these bonds in any office in that such offer, questionnaire or sale would be wrong before to a registration or gift underneath a bonds law of any such jurisdiction. Any charity of these bonds will be done only by means of a prospects enclosed in a registration matter and any handbill further that might be released with honour to such offering.
This press recover contains forward-looking statements within a definition of a Private Securities Litigation Reform Act of 1995 that are theme to risks and uncertainties, such as statements about direct for a products, and a destiny handling formula and financial condition. Statements that are not chronological contribution or that report a Company’s plans, objectives, projections, expectations, assumptions, strategies, or goals are forward-looking statements. In addition, difference such as “intend,” “believe,” “will,” “expect” and identical expressions or discussions of FARO’s skeleton or other intentions brand forward-looking statements. Forward-looking statements are not guarantees of destiny opening and are theme to several famous and different risks, uncertainties, and other factors that might means tangible results, performances, or achievements to differ materially from destiny results, performances, or achievements voiced or pragmatic by such forward-looking statements. Consequently, undue faith should not be placed on these forward-looking statements.
Factors that could means tangible formula to differ materially from what is voiced or forecasted in such forward-looking statements include, though are not singular to:
- development by others of new or softened products, processes or technologies that make a Company’s products archaic or reduction competitive;
- production delays caused by shortages of tender materials incorporated in a Company’s products;
- the cyclical inlet of a industries of a Company’s business and material inauspicious changes in customers’ entrance to liquidity and capital;
- declines or other inauspicious changes, or miss of improvement, in industries that a Company serves or a domestic and ubiquitous economies in a regions of a universe where a Company operates and other ubiquitous economic, business, and financing conditions;
- risks compared with ubiquitous operations, such as fluctuations in banking sell rates, problems in staffing and handling unfamiliar operations, domestic and mercantile instability, correspondence with import and trade regulations, and a burdens and intensity bearing of complying with a far-reaching accumulation of U.S. and unfamiliar laws and labor practices;
- other risks minute in Part I, Item 1A. Risk Factors in a Company’s Annual Report on Form 10-K for a year finished Dec 31, 2011.
Forward-looking statements in this recover paint a Company’s visualisation as of a date of this release. The Company undertakes no requirement to refurbish publicly any forward-looking statements, either as a outcome of new information, destiny events, or otherwise.
About FARO With over 30,000 installations and 15,000 business globally, FARO Technologies, Inc. designs, develops, and markets portable, computerized dimensions and imaging inclination and program used to emanate digital models — or to perform evaluations opposite an existent indication — for anything requiring rarely minute 3-D measurements, including partial and public inspection, bureau formulation and item documentation, as good as specialized applications trimming from surveying, recreating collision sites and crime scenes to digitally preserving chronological sites.
FARO’s record increases capability by dramatically shortening a volume of on-site measuring time, and a several industry-specific program packages capacitate users to routine and benefaction their formula fast and some-more effectively.
Principal products embody a world’s best-selling unstable dimensions arm — a FaroArm; a world’s best-selling laser tracker — a FARO Laser Tracker Vantage; a FARO Laser ScanArm; FARO Focus 3D Laser Scanner; a FARO Gage, Gage-PLUS and PowerGAGE; and a CAM2 Q family of modernized CAD-based dimensions and stating software. FARO Technologies is ISO-9001 approved and ISO-17025 laboratory registered.
SOURCE FARO Technologies, Inc.
Article source: http://www.heraldonline.com/2012/12/21/4502711/faro-announces-filing-of-shelf.html