other
confidence high
sentiment neutral
materiality 0.35
Intel files resale prospectus for up to 673.8M shares and warrant to Commerce Dept.
INTEL CORP
- Prospectus registers resale of warrant for 240.5M shares at $20.00 exercise price per share.
- Also registers 673.8M shares: 274.6M issued, 158.7M in escrow, and 240.5M under warrant.
- Filing is mandatory under August 22 Purchase Agreement with U.S. Department of Commerce.
- Intel will not receive any proceeds from any resale of shares or warrant by Commerce Dept.
item 8.01item 9.01