LJI announces filing of a universal shelf registration statement with SEC

24 Nov '06

1 min read

LJ International Inc (LJI) one of the fastest growing jewelry companies in the world, particularly across China, announced that it has filed a Universal Shelf Registration Statement on Form F-3 with the Securities and Exchange Commission (SEC).

Upon being declared effective by the SEC, this Universal Shelf Registration Statement will allow LJI to sell, in one or more public offerings, common stock or warrants, or any combination of such securities for proceeds in an aggregate amount of up to $100 million.

The terms of any offering, including the type of securities involved, will be established at the time of sale.

This Universal Shelf Registration Statement will allow LJI, subject to market conditions and the Company's capital needs, to access the capital markets to support its accelerated growth strategy, which includes potential acquisitions, business combinations or industry partnerships, as well as general working capital and the repayment or reduction of its short-term liabilities.

LJ International Inc

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