Allot Communications aims to price a public offering of stock

Bookrunners BofA Merrill Lynch, Jefferies, RBC Capital Markets assist

By Devika Patel

Knoxville, Tenn., Nov. 8 - Allot Communications Ltd. will price a public sale of its ordinary stock, according to a prospectus supplement filed Tuesday with the Securities and Exchange Commission.

The company will sell 5 million shares with a 30-day greenshoe of 750,000 shares.

BofA Merrill Lynch, Jefferies and RBC Capital Markets are the joint bookrunning managers. Oppenheimer & Co. is the lead manager and Wunderlich Securities is co-manager.

Proceeds will be used for general corporate purposes, including working capital and potential acquisitions.

Allot, based in Hod-Hasharon, Israel, provides internet protocol service optimization services for mobile, digital subscriber line and wireless broadband carriers, cable operator service providers and enterprises.

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