SALT LAKE CITY
Sept. 12, 2012
/PRNewswire/ -- inContact, Inc. (NASDAQ: SAAS), today announced that it intends to offer to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. In connection with the offering, inContact expects to grant the underwriter a 30-day option to purchase additional shares of common stock to cover overallotments, if any. All of the shares will be offered by inContact.
We intend to use the net proceeds from the offering for general corporate purposes, including capital expenditures on cloud facilities and infrastructure, marketing, client services and development of intellectual property. We may also use a portion of the net proceeds to acquire or invest in businesses, services, and technologies that are complementary to our own, although we have no present commitments or agreements to make any such acquisitions or investments.
& Co. is acting as sole manager for the offering.
The shares will be issued pursuant to an effective shelf registration statement. A preliminary prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC's website located at
. Printed copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may be obtained, when available, by contacting
& Co., by mail at 800 Nicollet Mall, Suite 800,
55402, or by telephone at (800) 747-3924.
This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy inContact common stock, nor shall there be any sale of the common stock in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under securities laws of any such state or jurisdiction. Any offer, if at all, will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective shelf registration statement.