MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)-- Materion Corporation (NYSE: MTRN), announced today that it has filed a universal shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC). The new shelf registration statement will take the place of a similar registration filed in 2009 which recently expired.
The registration statement, when declared effective by the SEC, will provide Materion with the flexibility to, in the future, offer and sell from time to time, in one or more public offerings, up to $150 million of equity, debt, or other types of securities or combination thereof, described in the registration statement.
The proceeds of the securities may be used for general corporate purposes, including acquisitions, capital expenditures and repayment or refinancing of debt. The specifics of any potential future offering, along with the prices, terms and use of proceeds of any securities offered by the company, will be determined at the time of any applicable offering and will be described in a prospectus supplement at the time of such applicable offering.
A registration statement relating to these securities has been filed with the SEC, 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 a 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 the registration or qualification under the securities law of any such state. Any offer of these securities will be made solely by means of the prospectus included in the registration statement and any prospectus supplement that may be issued with respect to such an offering.
A copy of the prospectus included in the registration statement may be obtained on the SEC’s web site at www.sec.gov. In addition, when available, copies of the prospectus, and a prospectus supplement relating to a particular offering, may be obtained by contacting Materion Corporation, Attention: Treasurer, 6070 Parkland Boulevard, Mayfield Heights, Ohio 44124.
Materion Corporation is headquartered in Mayfield Heights, Ohio. The Company, through its wholly-owned subsidiaries, supplies highly engineered advanced enabling materials to global markets. Products include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems.
Michael C. Hasychak, 216-383-6823
Patrick S. Carpenter, 216-383-6835
Source: Materion Corporation