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Offering 5,000,000 shares of its common stock in a registered public offering
March 21, 2011
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, announced that it is offering 5,000,000 shares of its common stock in a registered public offering in which Goldman, Sachs & Co. is acting as book-running manager. UBS Investment Bank is acting as joint lead-manager and Canaccord Genuity, Cowen and Company, Needham & Company, LLC, Oppenheimer & Co., Avian Securities, Davenport & Company LLC and Fagenson & Co. are co-managers. The underwriters will also have an option to purchase up to an additional 750,000 shares of common stock from the Company to cover over-allotments, if any. The proceeds of the offering will be used for general corporate purposes, including the acquisition, development and license of properties, assets, entities or technologies.
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