Medindia
Medindia LOGIN REGISTER
Advertisement

Synutra Announces Follow-On Public Offering

Friday, June 25, 2010 Corporate News
Advertisement
QINGDAO, China and ROCKVILLE, Md., June 24 SynutraInternational, Inc. (Nasdaq: SYUT), a leading infant formula company in Chinaand a producer, marketer and seller of nutritional products for infants,children and adults, today announced that it is offering, subject to marketand other conditions, shares of its common stock in an underwritten publicoffering.
Advertisement

Oppenheimer & Co. Inc. and ROTH Capital Partners, LLC are acting as jointbookrunners for the offering.

The offering is being made pursuant to the Company's registrationstatement, which was declared effective on May 12, 2010 by the U.S. Securitiesand Exchange Commission.
Advertisement

This press release shall not constitute an offer to sell or thesolicitation of an offer to buy, nor shall there be any sale of thesesecurities, in any state or other jurisdiction in which such offer,solicitation or sale would be unlawful prior to registration or qualificationunder the securities laws of such state or jurisdiction. The offering may onlybe made by means of a prospectus. A preliminary prospectus supplement relatingto the offering has been filed with the U.S. Securities and ExchangeCommission.

A copy of the prospectus and the final prospectus supplement relating tothe offering may be obtained when available by visiting EDGAR on the SEC's Website at http://www.sec.gov and from Oppenheimer & Co. Inc., Attention:Syndicate Prospectus Department, 300 Madison Avenue, 4th Floor, New York, NY10017, by telephone at (212) 667-8563, by facsimile at (212) 667-6141 or viae-mail at [email protected] .

About Synutra International, Inc.

Synutra International Inc. (Nasdaq: SYUT) is a leading infant formulacompany in China. It principally produces, markets and sells its productsunder the "Shengyuan" or "Synutra" name, together with other complementarybrands. It focuses on selling premium infant formula products, which aresupplemented by more affordable infant formulas targeting the mass market aswell as other nutritional products and ingredients. It sells its productsthrough an extensive nationwide sales and distribution network covering 30provinces and provincial-level municipalities in China. As of March 31, 2010,this network comprised over 540 distributors and over 1,000 sub-distributorswho sell Synutra products in over 71,000 retail outlets.For more information, please contact: Synutra International, Inc. Investor Relations Department Tel: +1-301-840-3888

SOURCE Synutra International, Inc.
Sponsored Post and Backlink Submission


Latest Press Release on Corporate News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close