Full Press Release Details
Energy & Supercon Technologies, Inc. Files Registration Statement for
Initial Public Offering
Massachusetts, September 3, 2010 Bruker Corporation ( Bruker ) (NASDAQ: BRKR),
a leading global provider of high-performance scientific instruments, and
Bruker Energy & Supercon Technologies, Inc. ( BEST ), a leading provider of
superconducting technology and enabling tools and a Bruker subsidiary, today
announced that BEST has filed a Form S-1 Registration Statement with the United
States Securities and Exchange Commission relating to the proposed initial
public offering (the offering ) of common stock of BEST. The offering may include shares offered by
Bruker as a selling stockholder. The number of shares to be offered by BEST and
by Bruker and the price range for the offering have not yet been determined.
Bruker intends to retain a controlling equity interest in BEST for the
registration statement relating to the common stock to be sold in the offering
has been filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor any offers to buy be
accepted prior to the time the registration statement becomes effective. This
news 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 an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
& Company, Inc. and UBS Investment Bank are acting as joint book-running
managers for the offering. Needham & Company, LLC is acting as lead manager
and Gleacher & Company Securities, Inc. is acting as co-manager for the
offering is only being made by means of a prospectus. When available, copies of
the preliminary prospectus may be obtained by contacting: Jefferies &
Company, Inc., 520 Madison Avenue, New York, NY 10022, Attention: Syndicate
Prospectus Department, (888) 449-2342; and UBS Investment Bank, 299 Park
Avenue, New York, NY 10171, Attention: Prospectus Department, (888) 827-7275.
release contains forward-looking statements as defined under the U.S. federal
securities laws including, but not limited to, statements regarding BEST s
intention to conduct an offering of its common stock and that Bruker may sell a
portion of its BEST shares in the offering.
Actual events could differ materially from those anticipated in the
forward-looking statements as a result of certain factors, including but not
limited to adverse changes in general economic or market conditions, the
inability to manage successfully and complete the offering, the risk that the
offering of BEST may not occur in its expected timeframe or at all, and other
important factors disclosed previously and from time to time in Bruker s
filings with the U.S. Securities and Exchange Commission. Bruker disclaims any obligation to update any
such forward-looking statements after the date of this release.
| Contact: | |
| Stacey Desrochers, Director of Bruker Corporation Investor Relations | |
| Tel: +1 (978) 663-3660, ext. 1115 | |
| Email: stacey.desrochers@bruker.com |