COEUR D'ALENE, Idaho, Oct. 6 /PRNewswire-FirstCall/ -- NightHawk Radiology Holdings, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of 5,000,000 shares of common stock by certain stockholders of NightHawk. Certain of these stockholders of NightHawk have granted the underwriters an over-allotment option to purchase up to 750,000 additional shares of common stock. NightHawk will not receive any proceeds from the offering.
NightHawk, headquartered in Coeur d'Alene, Idaho, provides emergency radiology services to radiology groups and hospitals across the United States.
NightHawk's team of American Board of Radiology-certified, U.S. state-licensed and hospital-privileged affiliated radiologists uses its proprietary workflow technology to provide radiological interpretations to customers in the United States primarily from centralized reading facilities located in Sydney, Australia and Zurich, Switzerland.
Morgan Stanley & Co. Incorporated will act as the sole bookrunning manager for the offering. In addition, Banc of America Securities LLC, Cowen and Company, LLC, Piper Jaffray & Co. and Montgomery & Co., LLC will act as co- managers for the offering. When available, prospectuses may be obtained from Morgan Stanley's prospectus department at 180 Varick, New York, NY 10014, by telephone at 866-718-1649 or by emailing prospectus@morganstanley.com.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission 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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, regarding our expectation that our stockholders will sell shares in the offering. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from any future results expected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, unexpected adverse developments in our business or our industry, or in the condition of the capital markets, or any decline in our stock price from current levels; and other factors described in the registration statement relating to the offering, our annual report on Form 10-K under the heading "Risk Factors," and our subsequent filings with the Securities and Exchange Commission. Readers are encouraged to review that section and all other disclosures appearing in our filings with the Securities and Exchange Commission.
NightHawk Radiology Holdings, Inc.CONTACT: Press, Christen Graham of Warner Communications, +1-207-829-6336,christen@warnerpr.com , or Cathleen Porter of Warner Communications,+1-978-465-1022, cathleen@warnerpr.com , or Investor inquiries, AndreaClegg of NightHawk Radiology Holdings, Inc., +1-866-402-4295 or208-292-2818, aclegg@nighthawkrad.net
