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Published on 11/14/2011 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Mitek Systems files $100 million shelf for stock, debt, preferreds

By Devika Patel

Knoxville, Tenn., Nov. 14 - Mitek Systems Inc. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, warrants and units, along with 800,000 common shares to be sold by selling stockholders.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Mitek produces software used by financial institutions to detect forgeries and is based in Poway, Calif.


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