DELAND, Fla., March 27, 2015 /PRNewswire/ -- ARC Group
Worldwide, Inc. ("ARC") (NASDAQ: ARCW) today announced that it has
commenced an underwritten public offering of 3,000,000 shares of
its common stock. In addition, ARC intends to grant the
underwriters an option to purchase up to an additional 450,000
shares of common stock.
Brean Capital, LLC and Imperial Capital, LLC are acting as joint
book-running managers of the offering.
The offering is being made only by means of a prospectus, copies
of which may be obtained from Brean Capital, LLC, 1345 Avenue of
the Americas, 29th Floor, New York,
NY 10105, attention: Matt
Picciano, phone: (212) 702-6536 / fax: (212) 702-6649, or by
e-mail: Syndicate@breancapital.com; or Imperial Capital, LLC, 277
Park Avenue, 48th Floor, New York,
NY 10172, attention: Steve
Dearing phone: (212) 351-9433 / fax: (212) 351-9718.
Although a registration statement relating to these securities
has been filed with the U.S. Securities and Exchange Commission, it
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 does 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.
About ARC Group Worldwide, Inc.
ARC Group Worldwide,
Inc. is a leading global advanced manufacturing and 3D printing
service provider. With its business founded in 1987, the Company
offers its customers a compelling portfolio of advanced
manufacturing technologies and cutting-edge capabilities to improve
the efficiency of traditional manufacturing processes and
accelerate their time to market. In addition to being a world
leader in metal injection molding ("MIM"), ARC has significant
expertise in 3D printing and imaging, materials science, advanced
tooling, automation, machining, stamping, plastic injection
molding, lean manufacturing, and robotics. For more information
visit the website of ARC Group Worldwide, Inc.
Forward-Looking Statements
The forward-looking
statements contained in this press release are based on ARC
management's current expectations, estimates and projections about
future events. These include, but are not limited to, statements,
if any, regarding business plans, pro-forma statements and
financial projections, ARC's ability to expand its services and
realize growth. All such "forward-looking statements" are made
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and are subject to risks and uncertainties. These
statements are not historical facts or guarantees of future
performance, events or results. Such statements involve potential
risks and uncertainties, and the general effects of financial,
economic, and regulatory conditions affecting our industries.
Accordingly, actual results may differ materially. In particular,
estimates regarding our anticipated quarterly performance are based
upon currently available information; however, unpredictable events
may arise before the closing of each quarterly financial period
that could negatively affect actual quarterly performance
outcomes. These events may include orders that are withdrawn,
delayed or returned, unexpected costs, change in currency exchange
rates, and/or quality, workforce, and inventory issues. ARC
does not have any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. For additional factors that may affect
future results, please see filings made by ARC with the Securities
and Exchange Commission ("SEC"), including its Form 10-K for the
fiscal year ended June 30, 2014, Form
10-Q for the period ended September 28,
2014, and Form 10-Q for the period ended December 28, 2014 as well as our current reports
on Form 8-K filed from time-to-time with the SEC.
CONTACT: Drew M.
Kelley
PHONE: (303) 467-5236
Email:
InvestorRelations@ArcGroupWorldwide.com
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SOURCE ARC Group Worldwide, Inc.