Business
Full House Resorts Announces Shelf Registration Filing
LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (the “Company”) (Nasdaq:FLL) announced that it has filed a shelf registration statement
About this update from Full House Resorts, Inc.
[{"type":"text","content":"LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (the “Company”) (Nasdaq:FLL) announced that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (the “SEC”). If and when declared effective by the SEC, the shelf registration will provide for the future offer and sale, from time to time in one or more offerings, of up to $500 million in common stock, debt securities, warrants, rights, purchase contracts or units, or any combination of those securities. The Company would expect to use the net proceeds from any sales of securities registered under the shelf registration statement for general corporate purposes which may include, among other things, working capital; financing of possible acquisitions, development initiatives or business expansions; and refinancing or repayment of existing debt obligations. The specific securities and terms of each such future offering of securities, if any, along with the intended use of any net proceeds therefrom, will be described in detail under a separate prospectus supplement at the time of any such offering. The shelf registration statement has been filed with the SEC, but has not yet become effective. Any offers, solicitations of offers to buy, or sales of the securities so registered will be made only after the shelf registration statement has been declared effective by the SEC and only by means of a preliminary prospectus supplement and accompanying base prospectus. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration and qualification under the securities law of such jurisdiction. Forward-looking StatementsThis press release may contain statements that are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These include statements regarding the effectiveness of the shelf registration statement and the possible future offerings thereunder and the use of any net proceeds therefrom. Forward-looking statements are neither historical facts nor assurances of future performance. Because forward-looking statements relate to the future, they are subject...