8/8/2005 Print Version
PORTLAND, Ore., Aug 08, 2005 (BUSINESS WIRE) -- Barrett Business Services, Inc. (Nasdaq:BBSI) announced
today that, in connection with its recent follow-on common stock
offering, the underwriters have exercised in full their option to
purchase an additional 320,850 shares of BBSI common stock to cover
over-allotments. This action increases the total number of shares sold
by BBSI in the common stock offering to 2,184,850 shares at a price to
the public of $16.25 per share before underwriting discounts and
BBSI President and Chief Executive Officer, William W. Sherertz,
stated that, "We are very pleased with the market's reception of our
follow-on common stock offering."
Roth Capital Partners, LLC, acted as the lead managing underwriter
of the offering and The Seidler Companies Incorporated served as
The shares of common stock were sold pursuant to a registration
statement that has been declared effective by the Securities and
Exchange Commission. The shares are offered only by means of the
prospectus related to this offering. 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.
William W. Sherertz, 503-220-0988