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Comdata Announces Confidential Submission of Draft Registration Statement
Brentwood, Tenn. – April 2, 2014
Comdata Inc. announced today that it confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of its common stock. The number of shares of common stock to be sold and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
The securities referenced above may not be sold and offers to buy these securities may not be accepted prior to the time that the registration statement relating to the offering of such securities becomes effective. This press release shall not constitute an offer to sell or the 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 any such state or jurisdiction.