One million five hundred thousand shares are being offered by Jack Henry & Associates, Inc in the offering and one million eight hundred thousand share are being offered by selling stockholders. The registration statement covering the 3.3 million shares also covers options to purchase an additional 495,000 shares that have been granted by the selling stockholders to the underwriters to cover over-allotments, if any.
The Company's common stock is quoted on the Nasdaq National Market under the symbol JKHY. Jack Henry & Associates, Inc. intends to use its net proceeds from the offering for repayment of debt, working capital, capital expenditures and other general corporate purposes, including potential acquisitions.
Prospectuses relating to these securities may be obtained by contacting Prudential Securities at 111 8th Avenue, Fifth floor, New York, NY 10011, telephone (212) 778-8190.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities laws of any state or jurisdiction.
Jack Henry & Associates, Inc. is a leading provider of integrated computer systems and ATM networking products to community banks, credit unions and other financial institutions. Jack Henry markets and supports its systems throughout the United States and has over 2,850 customers nationwide. The Company's headquarters are located at 663 Highway 60, Monett, MO 65708.
This news release includes statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although Jack Henry & Associates, Inc. believes statements are reasonable, it can make no assurances that such expectations will prove to be correct. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.
