7/28/2005 Print Version
PORTLAND, Ore., Jul 28, 2005 (BUSINESS WIRE) -- Barrett Business Services, Inc. (Nasdaq:BBSI) today
announced the pricing of its underwritten public offering of 2,139,000
shares of common stock at a price to the public of $16.25 per share
before underwriting discounts and commissions. Of the 2,139,000 shares
to be sold in the offering, BBSI is offering and selling 1,864,000
shares and certain existing stockholders are offering and selling
275,000 shares. The Company has also granted the underwriters a 30-day
option to purchase 320,850 additional shares of stock to cover
over-allotments, if any.
Roth Capital Partners, LLC is acting as the lead managing
underwriter of the offering. The other managing underwriter is The
Seidler Companies Incorporated. The offering of the securities is
being made only by means of a prospectus, copies of which may be
obtained from Roth Capital Partners, LLC, Syndicate Department, 24
Corporate Plaza Drive, Newport Beach, CA 92660 (telephone:
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 offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or jurisdiction.
BBSI provides a comprehensive range of human resource management
solutions to large and small companies throughout many regions of the
SOURCE: Barrett Business Services, Inc.
Barrett Business Services, Inc.
President and Chief Executive Officer
William W. Sherertz, 503-220-0988