The Marcus Corporation Files Universal Shelf Registration Statement
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The Marcus Corporation Files Universal Shelf Registration Statement
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Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2009-08-18
The Marcus Corporation (NYSE: MCS) today announced that it has filed a universal shelf registration statement with the Securities and Exchange Commission to allow the company to potentially offer an indeterminate amount of securities in the future.
Under the shelf registration statement, the company will have the flexibility to publicly offer and sell from time to time debt securities, common stock, preferred stock, warrants and other securities or any combination of such securities. The company may periodically offer one or more of these securities in amounts, at prices and on terms announced if and when the securities are ever offered. The specifics of any potential future offerings, along with the use of proceeds of any such securities offered, will be described in detail in a prospectus supplement at the time of any such offering.
Gregory S. Marcus, president and chief executive officer of the company, said, “Like many public companies who file these types of registration statements, we consider this filing to be a proactive step which will help facilitate our future ability to raise public equity or debt capital to potentially expand existing businesses, fund potential acquisitions, invest in other growth opportunities, or repay existing debt.”
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