The Marcus Corporation MCS today announced that it has filed a new
universal shelf registration statement with the Securities and Exchange
Commission to allow the company to potentially offer an indeterminate
principal amount and number of securities in the future with a proposed
maximum aggregate offering price of up to $150,000,000. The new shelf
registration statement replaces the company's prior universal shelf
registration statement, which expired on August 17, 2012.
Under the shelf registration statement, the company will have the flexibility
to publicly offer and sell from time to time debt securities, common stock,
preferred stock, warrants and other securities or any combination of such
securities. The company may periodically offer one or more of these securities
in amounts, at prices and on terms announced if and when the securities are
ever offered. The specifics of any potential future offerings, along with the
use of proceeds of any such securities offered by the company, will be
described in detail in a prospectus supplement at the time of any such
offering.
Gregory S. Marcus, president and chief executive officer of The Marcus
Corporation, said, “Like many public companies who file these types of
registration statements, we consider this filing to be a proactive step to
facilitate our future ability to raise public equity or debt capital to
potentially expand existing businesses, fund potential acquisitions, invest in
other growth opportunities, or repay existing debt.”
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