Visual Sciences to sell up to $100 million in stock
Reuters reports:
Visual Sciences Inc. (VSCN.O: Quote, Profile, Research), formerly known as WebSideStory Inc., filed with regulators on Friday to periodically sell up to $100 million in common and preferred stock, debt securities, and warrants.
The provider of real-time analytics applications said in a registration statement with the U.S. Securities and Exchange Commission that it will use the proceeds from the offering for general corporate purposes and working capital requirements.
Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.
