ROSH PINA, ISRAEL--(Marketwired - Nov 21, 2014) - On Track Innovations Ltd (oti) (
The ordinary shares are being offered pursuant to a registration statement on Form S-3 (File No. 333-199180) filed pursuant to the Securities Act of 1933, as amended, which was previously filed with, and declared effective by, the Securities and Exchange Commission (SEC). A preliminary prospectus supplement relating to the offering has also been filed with the SEC.
A final prospectus supplement and an accompanying prospectus will be filed with the SEC in connection with the offering. These documents, as filed with the SEC, may be obtained by sending a request to Northland Securities, Inc. at 45 South 7 th Street, Suite 2000, Minneapolis, MN 55402, via telephone toll free at (800) 851-2920 or via email to gturgeon@northlandcapitalmarkets.com . Before you invest, you should read these documents and the other documents that the company has filed with the SEC for more complete information about the company and this offering. Investors may obtain these documents for free by visiting the SEC's website at www.sec.gov .
Northland Capital Markets is the trade name for certain capital markets and investment banking services of Northland Securities, Inc., member FINRA/SIPC.
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About oti
On Track Innovations Ltd. (oti) is a leader in contactless and near field communications (NFC) applications based on its extensive patent and IP portfolio. oti's field-proven innovations have been deployed around the world to address NFC and other cashless payment solutions, petroleum payment and management, cashless parking fee collection systems and mass transit ticketing. oti markets and supports its solutions through a global network of regional offices and alliances. For more information, visit www.otiglobal.com , the content of which is not a part of this press release.
Safe Harbor Statement
This press release contains certain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Any such statements, including, but not limited to, oti's expectations regarding the completion, timing and size of its proposed public offering, including exercise of the over-allotment option, if any, whether expressed or implied, are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated due to a number of factors which include, but are not limited to, risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering, and other risk factors discussed in the Company's preliminary prospectus supplement, prospectus supplement, Annual Report on Form 10-K for the year ended December 31, 2013 and other documents filed with the SEC from time to time. These forward-looking statements represent oti's judgment as of the date of this press release. Except as legally required, oti disclaims any intent or obligation to update these forward-looking statements.
Investor Contact: Scott Liolios or Matt Glover Liolios Group, Inc. 949-574-3860 Email Contact Press Contact: Inbar Ben-Hur oti Marketing Communication Manager Email Contact
