Wednesday, Global Defense Technology & Systems Inc. (GTEC) closed its initial public offering of 4.6 million shares of common stock, of which 3.0 million shares were sold by the company and 1.6 million shares were sold by certain selling stockholders. The offering was priced at $13.00 per share and resulted in net proceeds of $36.3 million to Global Defense Technology, after deducting underwriting commissions and discounts, but before other offering-related expenses.
Archive for November, 2009
Global Defense Technology & Systems Closes IPO Of 4.6 Mln Shares At $13.00 Per Share - Quick Facts
Thursday, November 26th, 2009Clinton Applauds Israel’s Decision To Halt Establishing Settlements In West Bank
Thursday, November 26th, 2009Secretary of State Hillary Clinton released a statement Wednesday in which she hailed Israel’s decision to halt establishing settlements in the West Bank as a step forward in negotiations between Israel and the Palestinians. Earlier in the day, Israeli Prime Minister Benjamin Netanyahu announced a 10-month moratorium on establishing further settlements in the West Bank region.
Obama To Attend Climate Change Conference In Copenhagen
Thursday, November 26th, 2009The White House announced Wednesday that President Barack Obama will travel to Copenhagen, Denmark, on December 9 to participate in the United Nations Climate Change Conference. While at the conference, the White House said, Obama will propose a U.S. emissions reduction target in the range of 17% below 2005 levels in 2020 and ultimately in line with final U.S. energy and climate legislation.
NFL’s Jon Runyan To Run For Congress After Season Ends
Thursday, November 26th, 2009Professional football player Jon Runyan announced Tuesday that he has recently signed with the National Football League’s San Diego Chargers and that he will retire from football after the season to run for Congress.
New Poll Shows Growing Support For Troop Increase In Afghanistan
Thursday, November 26th, 2009A new Gallup poll released Wednesday shows that an increasing number of Americans support an increase in U.S. troop levels in Afghanistan. The poll, which surveyed 1,017 adults November 20 - 22, showed that 47% of Americans would advise President Barack Obama to increase the number of troops in Afghanistan, while 39% said they would advise him to reduce the number.