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GSI Lumonics to Offer 4 Million Sharesin the US, Canada

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KANATA, Ontario, Mar. 24 -- GSI Lumonics Inc. has filed a registration statement with the US Securities and Exchange Commission and a short-form preliminary prospectus with the securities commissions in each of the provinces of Canada for a proposed public offering of 4,000,000 common shares. A syndicate of underwriters comprised of CIBC World Markets, Chase H&Q and Needham & Co. is managing the offering. According to the registration statement, GSI Lumonics Inc. will offer all of the 4,000,000 common shares. In addition, GSI Lumonics and a group of selling shareholders will grant...Read full article

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