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PSP files Form S-3 registration statementqrcode

Jun. 18, 2015

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Jun. 18, 2015
Platform Specialty Products Corporation ("Platform") filed recently with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-3 for the offering of $350 million of shares of its common stock in an underwritten public offering. The number of shares to be offered and the price per share for the proposed offering have not yet been determined. All of the shares of common stock to be sold in the offering are to be sold by Platform. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering.

Platform currently intends to use the net proceeds from the offering to fund working capital and future acquisitions including, if consummated, a portion of the consideration and related fees payable in connection with the previously-announced acquisition by Platform of the Electronic Chemicals and Photomasks businesses of OM Group, Inc. (the "OMG Acquisition"). If completed, the OMG Acquisition is expected to close in two parts, with the first closing expected to occur during the third quarter of 2015 and the second closing expected to occur during first quarter of 2016, in each case, subject to customary closing conditions. The closing of this offering is not conditioned on, and is expected to be consummated before, the closing of the OMG Acquisition.

The registration statement on Form S-3 relating to these securities 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.

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