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News Breaks | | | | December 3, 2012 | | 07:06 EDT |  | MFLX | Multi-Fineline enters into registration rights agreement with WBL Corp.
Multi-Fineline and WBL Corporation announced that they have entered into a registration rights agreement. WBL's beneficial ownership in MFLEX is approximately 62%. In accordance with the Registration Rights Agreement, MFLEX intends to file a shelf registration statement on Form S-3 with the SEC to register all 14,817,052 shares of common stock held by WBL for resale. MFLEX is not registering any primary shares to sell on its own behalf. MFLEX also announced today that it is entering into a 10b5-1 plan providing for the repurchase of up to 200,000 shares in the aggregate of the company's common stock on the open market. | |
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