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Cisco | S-3ASR: Automatic shelf registration statement of securities of well-known seasoned issuers

SEC announcement ·  Feb 16 05:44
Summary by Futu AI
Cisco Systems, Inc. has filed a Form S-3 registration statement with the Securities and Exchange Commission (SEC) on February 15, 2024. This filing allows Cisco to offer and sell debt securities from time to time in various series, with the specific terms, conditions, and prices to be determined at the time of each offering. The registration statement includes a prospectus detailing the potential sale of these debt securities to the public, which may occur on a continuous or delayed basis. The debt securities may be sold through underwriters, dealers, agents, or directly to purchasers. Cisco's common stock is quoted on The Nasdaq Stock Market LLC under the symbol 'CSCO.' The company intends to use the net proceeds from the sale of...Show More
Cisco Systems, Inc. has filed a Form S-3 registration statement with the Securities and Exchange Commission (SEC) on February 15, 2024. This filing allows Cisco to offer and sell debt securities from time to time in various series, with the specific terms, conditions, and prices to be determined at the time of each offering. The registration statement includes a prospectus detailing the potential sale of these debt securities to the public, which may occur on a continuous or delayed basis. The debt securities may be sold through underwriters, dealers, agents, or directly to purchasers. Cisco's common stock is quoted on The Nasdaq Stock Market LLC under the symbol 'CSCO.' The company intends to use the net proceeds from the sale of these securities for general corporate purposes, which may include working capital, capital expenditures, research and development, marketing, acquisitions, or strategic alliances. The registration statement includes various legal and financial documents, such as an opinion of Simpson Thacher & Bartlett LLP and a consent of PricewaterhouseCoopers LLP, as well as a statement of eligibility from The Bank of New York Mellon Trust Company, N.A., the trustee for the debt securities.

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