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Bolt Technology files $50 million shelf for stock, preferreds, debt
By Devika Patel
Knoxville, Tenn., Sept. 28 - Bolt Technology Corp. filed a $50 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.
The securities may be structured as convertibles.
Proceeds will be used for acquisitions, capital expenditures, debt repayment, working capital and other general corporate purposes.
Bolt Technology develops and manufactures marine seismic energy sources used in marine seismic exploration for the oil and gas industry. The company is based in Norwalk, Conn.
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