KVH Industries, Inc., has filed a shelf registration statement with the Securities and Exchange Commission. Once the SEC declares the registration statement effective, KVH may offer up to 3,000,000 shares of common stock from time to time.
KVH does not currently have plans for an immediate offering under this shelf registration statement. However, the shelf registration statement will afford KVH flexibility in accessing capital markets in the future.
If KVH does initiate an offering, KVH currently intends to use any net proceeds from the sale of the shares of common stock for working capital and other general corporate purposes, which may include acquisitions of businesses, assets and technologies that are complementary to KVH's business. KVH anticipates that any sale of shares under the registration statement would represent new financing.
When available, a written prospectus may be obtained from KVH Industries, Inc., Investor Relations Department, 50 Enterprise Center, Middletown, RI 02842.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
KVH Industries, Inc., designs and manufactures products that enable mobile communication, navigation, and precision pointing through the use of its proprietary mobile satellite antenna and fiber optic technologies.
