Hudson Technologies Files Universal Shelf Registration Statement
PEARL RIVER, N.Y.–(BUSINESS WIRE)–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).
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. 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.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
Statements contained herein which are not historical facts constitute
forward-looking statements. Such forward-looking statements involve a
number of known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Such factors include, but are not limited to, changes in the laws and
regulations affecting the industry, changes in the markets for
refrigerants (including unfavorable market conditions adversely
affecting the demand for, and the price of, refrigerants), the Company's
ability to source refrigerants, regulatory and economic factors,
seasonality, competition, litigation, the nature of supplier or customer
arrangements which become available to the Company in the future,
adverse weather conditions, possible technological obsolescence of
existing products and services, possible reduction in the carrying value
of long-lived assets, estimates of the useful life of its assets,
potential environmental liability, customer concentration, the ability
to obtain financing, risks associated with the Company’s joint ventures
which include the ability of the parties to perform their obligations
under the joint venture agreements, any delays or interruptions in
bringing products and services to market, the timely availability of any
requisite permits and authorizations from governmental entities and
third parties as well as factors relating to doing business outside the
United States, including changes in the laws, regulations, policies, and
political, financial and economic conditions, including inflation,
interest and currency exchange rates, of countries in which the joint
ventures may seek to conduct business, the Company’s ability to
successfully integrate Aspen Refrigerants, Inc., (formerly
Airgas-Refrigerants, Inc.) and any other assets it acquires from third
parties into its operations, and other risks detailed in the Company's
Form 10-K for the year ended December 31, 2017 and other subsequent
periodic reports filed with the Securities and Exchange Commission. The
words "believe", "expect", "anticipate", "may", "plan", "should" and
similar expressions identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was made.
Contacts
Investor Relations:
Institutional
Marketing Services (IMS)
John Nesbett/Jennifer Belodeau,
203-972-9200
[email protected]
or
Company
Hudson
Technologies, Inc.
Brian F. Coleman, 845-735-6000
President &
COO
[email protected]