CKE Inc., (“CKE,” formerly CKE Holdings, Inc.) the parent company of CKE Restaurants, Inc., announced today it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission in connection with the proposed initial public offering of its common stock. The offering size and the estimated price range of the offering have not yet been determined. Shares will be offered by both CKE and its stockholder.
CKE intends to apply to list its common stock on the New York Stock Exchange under the symbol “CK” and intends to apply the net proceeds received by it from this offering to repay indebtedness and for general corporate purposes.
The offering of common stock will be made only by means of a prospectus. When available, a copy of the preliminary prospectus relating to this offering may be obtained from: CKE Inc., 6307 Carpinteria Ave., Ste. A, Carpinteria, California 93013 or from such underwriters as CKE will engage in the future.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
May 17, 2012