JMP Group files shelf registration
Investment banking and alternative asset management firm JMP Group Inc. said Tuesday it filed a shelf registration statement with federal regulators to sell up to $100 million in securities.
The statement has been filed with the Securities and Exchange Commission but is not yet effective. San Francisco-based JMP Group said in the filing that it intends to sell securities to the public "from time to time after the effective date of this registration statement."
The types of securities that could be offered under the registration include common stock, preferred stock, debt securities, warrants, rights and units that include any of these securities.
JMP already has common stock listed on the New York Stock Exchange. The company listed more than 21.3 million diluted shares outstanding as of June 30.
Shares of JMP rose 17 cents, or about 1.6 percent, to $10.85 on Tuesday.
Copyright 2009 AP News
