PEARL RIVER, NY – November 13, 2015 – Hudson Technologies, Inc. (NASDAQ: HDSN; “Hudson” or the “Company”), today announced that it has filed a universal shelf registration statement for its securities on Form S-3 with the Securities and Exchange Commission (SEC). This registration statement will replace the Company’s existing universal shelf registration statement which will cease to be effective in January 2016.
When the shelf registration is declared effective by the SEC, the Company will have the option to offer and sell, from time to time in one or more future public offerings, up to $50 million of its securities covered by the registration statement. In addition, the registration statement also covers potential sales of a limited number of shares of the Company’s common stock owned by some of the Company officers as set forth in the registration statement.
Specific terms and share prices of any future offerings by Hudson, under this registration statement will be established at the time of any such offering, and will be described in a prospectus supplement that Hudson will file with the SEC. Hudson has no immediate plans to raise capital under the shelf registration statement.
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. This press 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 or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer of these securities will be made solely by means of the prospectus included in the registration statement and any applicable prospectus supplement that may be issued with respect to such offering.
A copy of the prospectus included in the registration statement may be obtained on the SEC’s web site at www.sec.gov. In addition, when available, copies of the prospectus, and any applicable prospectus supplement relating to a particular offering, may be obtained by contacting Hudson Technologies, Attention: Brian F. Coleman, One Blue Hill Plaza, 14th Floor, Pearl River, New York 10965.