AirTouch Communications Inc filed with the US Securities & Exchange Commission for a shelf registration for up to $2,000m in debt and equity securities. The offering will consist of debt securities, common shares, preferred shares and warrants.
Avid Technology Inc, Tewksbury, Massachusetts broadcasting automation systems specialist got its offer of 2m new shares away at $45.00 per share.Underwriters were by Morgan Stanley & Co Inc, Prudential Securities Inc and Volpe Welty & Co.
Geoworks Inc, Alameda, California developer of the Geos operating system for handhelds, filed with the US Securities & Exchange Commission to offer 2.86m shares, 1.75m of them new, to raise cash to be invested in research and development, expansion of sales and market ing, and for working capital. The managing underwriters for the issue are Hambrecht & Quist, PaineWebber Inc and UBS Securities Inc.
