WARREN, Ohio, PRNewswire-FirstCall/ -- Stoneridge, Inc. announced today that its PST Industria Eletronica da Amazonia Ltda. ("PST") joint venture has filed for an initial public offering with the Brazilian Securities Commission (Comissao de Valores Mobiliarios). Stoneridge currently holds a 50% equity interest in PST.
This announcement shall not constitute an offer of any securities for sale nor shall there be any offer of any securities for sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The offering will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The basic terms, including the amount, manner, and possible participation by Stoneridge as a selling equity holder will be determined at a later date.
|
