|
|
|||||||||||||||||||||||||||||||||||||||||||
By The Online Investor Staff, updated Sun., May. 19, 2:58 AM
|
||||||||||||||||||||||||||||||||||||||||||||
Secondary Stock Offerings| This Slide: #23 of 25 |
Slide #23. Cubic Corporation — Secondary Offering
Company:
Cubic Corporation (NYSE:CUB)
Date announced:
5/13/2013
Shares Offered:
2,400,000
Secondary Offering Details:
Cubic Corporation announced that it has launched a secondary underwritten public offering of 2,400,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (SEC). All of such shares will be offered and sold by certain shareholders of Cubic, which shareholders are comprised of trusts created by Cubic's founder, Walter J. Zable, who passed away in 2012, and the selling shareholders will receive all of the net proceeds from such offering. The selling shareholders intend to grant the underwriters an option for 30 days to purchase up to 360,000 additional shares. Cubic will not sell any shares in the offering.
Cubic is primarily engaged in the design, development, manufacture, integration, installation, operation, maintenance, and support of technology products and systems. Co. has three primary business segments: transportation systems, which designs, produces, installs and services electronic revenue collection systems for mass transit projects, including railways and buses; defense systems, which performs work under U.S. and foreign government contracts relating to electronic defense systems and equipment; and mission support services, which provides training, operations, intelligence, maintenance, technical and other services to the U.S. government and allied nations.
Open the CUB Page at The Online Investor »
|
|||||||||||||||||||||
Open the CUB Page at The Online Investor (in a new window) »
|
Trade CUB Now: |
Avg. Broker Rec.
 
|
Hold (2.33 out of 4) 19th percentile
(ranked lower than approx. 81% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2013, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.