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NexCen files registration statement on Form S-3
05
Feb '08
NexCen Brands Inc announced that it filed a registration statement on Form S-3 to register shares issued in connection with its acquisitions of UCC Capital Corp., UCC Consulting Corp. and UCC Servicing and with its acquisition of the assets of Pretzel Time Franchising, LLC and Pretzelmaker Franchising, LLC, and in connection with the extension of its existing credit facility.

The registration of these shares does not require that any of the shares be offered or sold by the stockholders.

The Company will not receive any proceeds from potential sales of stock by the holders of the shares that have been registered. In addition, once the shares are registered for resale, holders continue to be subject to lock-up provisions that limit the amount of shares that they may be entitled to sell, as we discuss in the registration statement.

NexCen Brands is a vertically integrated global brand management company focused on assembling a diversified portfolio of intellectual property-centric companies operating in the consumer branded products and franchise industries.

The Company owns, licenses, franchises and markets a growing portfolio of consumer and franchise brands including The Athlete's Foot, Bill Blass, Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzel Time, Pretzelmaker, Shoebox New York and Waverly.

The Company licenses and franchises its brands to a network of leading retailers, manufacturers and franchisees that includes every major segment of retail distribution from the luxury market to the mass market in the U.S. and in over 50 countries around the world, and consists of approximately 1,900 franchised stores.

NexCen touches nearly every aspect of a consumer's lifestyle from the food they eat to the furnishings in their homes and the clothes and footwear they purchase.

NexCen Brands Inc


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