LAKE FOREST, Calif., Oct. 8, 2009 (GLOBE NEWSWIRE) -- Primoris Services Corporation (Nasdaq:PRIM - News) (Nasdaq:PRIMU - News) (Nasdaq:PRIMW - News) ("Primoris" or "Company"), one of the largest specialty contractors and engineering companies in the United States, today announced that the Securities and Exchange Commission has declared effective its registration statement on Form S-3.
The Registration Statement registers the following Primoris shares of common stock:
* 4,705,956 shares of common stock underlying warrants issued in the
Company's Initial Public Offering ("IPO");
* 28,045 shares of common stock underlying units issued in the
Company's IPO;
* 900,000 shares of common stock underlying the underwriter's purchase
option issued in the Company's IPO;
* 1,737,936 currently outstanding shares of common stock.
This press release does not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any security, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.
About Primoris
Primoris, through various subsidiaries, is one of the largest specialty contractors and engineering companies in the United States, primarily serving the growing power and energy sectors. Primoris provides a wide range of construction, fabrication, maintenance and replacement services, as well as engineering services to major public utilities, petrochemical companies, energy companies, municipalities and other customers. Primoris is also a leading water and wastewater contractor in the state of Florida, and a specialist in designing and constructing complex commercial and industrial concrete structures in California. For additional information on Primoris, please visit www.primoriscorp.com.
The Primoris Services Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5527
Primoris Services Corporation
Peter J. Moerbeek, Executive Vice President,
Chief Financial Officer
(949) 454-7121
pmoerbeek@primoriscorp.com
The Equity Group Inc.
Devin Sullivan, Senior Vice President
(212) 836-9608
dsullivan@equityny.com
Gerrard Lobo, Senior Account Executive
(212) 836-9610
globo@equityny.com
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