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Canada Business News and Press Releases
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(EMAILWIRE.COM, October 01, 2010 ) Montréal, Québec - Buysstocks.com
(http://www.Buysstocks.com), a premier source for penny stocks research issues stock alert for the following company (NASDAQ: KEYW)
The KEYW Holding Corporation (Nasdaq: KEYW | PowerRating) is pleased to announce the pricing of its initial public offering of 9,100,000 shares of its common stock at a price to the public of $10.00 per share. The shares will begin trading on Friday, October 1, 2010 on the NASDAQ Global Market under the ticker symbol "KEYW". Of the shares in the offering, 8,274,090 are being offered by the Company and 825,910 are being offered by selling stockholders. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,365,000 shares of common stock to cover over-allotments, if any. KEYW will use the proceeds from the offering to repay debt and for working capital, capital expenditures and general corporate purposes, including potential acquisitions.
"KEYW is pleased to be joining the NASDAQ family of publicly traded companies today," according to Leonard Moodispaw, President and Chief Executive Officer. "We are focused on delivering agile solutions for the challenges and problems facing our Nation's Intelligence Community."
SunTrust Robinson Humphrey is acting as sole book-running manager for the offering. FBR Capital Markets & Co., Merriman Capital, and Noble Financial Capital Markets are acting as co-managers for the offering.
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Disclaimer and Forward-Looking Statement
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Forward-Looking Statement
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
http://www.buysstocks.com
Walid Moudjed
1-866-795-9663
info@http://www.buysstocks.com 
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