Wilson Holdings, Inc. Closes Secondary Offering
21 5월 2007 - 11:45PM
PR Newswire (US)
AUSTIN, Texas, May 21 /PRNewswire-FirstCall/ -- Wilson Holdings,
Inc. (AMEX:WIH) today announced the completion of its secondary
public offering of 5,000,000 shares of its common stock. The
Company's common stock is traded on the American Stock Exchange
under the symbol "WIH" and the shares issued in the offering were
sold at a price of $3.25 per share. After the deduction of
estimated offering expenses, the Company raised approximately $14.6
million in the offering. Wilson Holdings intends to use the net
proceeds from this offering for land acquisitions, homebuilding,
land development and for other general purposes. Wilson Holdings
also granted the underwriters a 30-day option to purchase up to an
additional 750,000 shares of common stock at the same price to
cover over-allotments. Capital Growth Financial, LLC acted as sole
book-running manager of the offering. A copy of the final
prospectus relating to the offering may be obtained from Capital
Growth Financial, LLC, 1200 N. Federal Highway, Suite 400, Boca
Raton, Florida 33432, 11220, (561) 367-7107, fax 561-416-4838. This
announcement does not constitute an offer to sell, or the
solicitation of an offer to buy, any security and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which such offer, solicitation or sale would be unlawful. About
Wilson Holdings, Inc. and Wilson Family Communities, Inc. Wilson
Holdings, Inc. is the parent company and sole owner of Wilson
Family Communities, Inc., an Austin, Texas based company that
acquires, develops, manages and markets residential communities in
the Central Texas region. To learn more about Wilson Holdings, Inc.
and Wilson Family Communities, Inc., please visit the company's web
site at http://www.wilsonfamilycommunities.com/. Safe Harbor
Statement This press release may contain forward-looking
statements. Undue reliance should not be placed on the
forward-looking statements, which speak only as of the date of this
news release. Important factors that could cause actual results to
differ materially from such forward-looking statements are
described in the Registration Statement on Form S-1 (File No.
333-140747) filed with the Securities and Exchange Commission.
Neither Wilson Holdings, Inc. nor Wilson Family Communities, its
wholly owned subsidiary, undertake any obligation to publicly
update any forward-looking statements. The inclusion of any
statement in this release does not constitute an admission by the
company or any other person that the events or circumstances
described in such statement are material. DATASOURCE: Wilson
Holdings, Inc. CONTACT: Amy Walker of Wilson Holdings, Inc.,
+1-512-314-6751 Web site: http://www.wilsonfamilycommunities.com/
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