Tesla Motors is getting much attention again these days and it is not about its hit electric car. Rather, it is more on the reported strategy of the electric car company to go public by offering IPO shares, the first US auto company since Ford in 1956. Now you may be thinking that this is not the right time for people to think about investments but considering its popularity starting from the much talked-about Tesla Roadster, who know which heavyweight investor/s would come out in the open and grab the opportunity? For sure a lot! Interested? The public offering is expected to be offered anytime from now up to September 20, 2010. Interested?

(Source) Engadget

Tags: auto company, car company, electric car, Ford, investments, investor, ipo shares, popularity, public offering, right time, roadster, tesla motors

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While the stock market may be down for investors, trying to get a piece of Ford Motors may not be so bad to consider. Ford Motor Company announced today a registered public offering of 300 million shares of its common stock at a par value of $0.01 per share. Ford said it also expects to grant to the underwriters a 30-day option to purchase up to 45 million shares of common stock.

Net proceeds to Ford from the offering are expected to be used for general corporate purposes, including to fund with cash, instead of stock, a portion of the payments the company is required to make to the Voluntary Employee Beneficiary Association (VEBA) retiree health care trust with the United Auto Workers.

Ford has filed a registration statement – including a prospectus – with the SEC for the offering to which this communication relates. Before investing, investors should read the prospectus in that registration statement and other documents Ford has filed with the SEC for more complete information about Ford and this offering.

(Source) Press

Tags: beneficiary, common stock, corporate purposes, Ford, ford motor, ford motor company, ford motors, health care trust, investors, net proceeds, par value, prospectus, public offering, retiree health care, stock market, underwriters, united auto workers, veba, voluntary employee

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