Unassociated Document
Filed
Pursuant to Rule 497(a)
Registration
No. 333-160781
Rule 482
ad
PRESS
RELEASE
|
FOR
IMMEDIATE RELEASE
|
|
|
HARRIS & HARRIS GROUP,
INC.
®
|
OCTOBER
5, 2009
|
111
WEST 57th
STREET, SUITE 1100
|
|
NEW
YORK, NEW YORK 10019
|
CONTACT:
DOUGLAS W. JAMISON
|
|
|
NASDAQ/NMS
SYMBOL: TINY
|
TEL.
NO. (212) 582-0900
|
|
|
HARRIS
& HARRIS GROUP ANNOUNCES
PROPOSED
FOLLOW-ON PUBLIC OFFERING
Harris
& Harris Group, Inc., announced today the proposed follow-on public offering
of shares of its common stock. The offering price of the shares will
be determined by market conditions at the time of pricing in consultation with
the underwriter of the offering. The offering is being made pursuant
to a shelf registration statement, which was filed with and has been declared
effective by the Securities and Exchange Commission. Needham &
Company, LLC is acting as sole book running manager in the
offering.
This
press release does not constitute an offer to sell or a solicitation of an offer
to buy the securities referred to herein, nor shall there be any sale of these
securities in any state in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any
such state.
Investors
are advised to carefully consider the investment objectives, risks, and expenses
of Harris & Harris Group before investing. The prospectus, dated
September 21, 2009, and the preliminary prospectus supplement, dated October 5,
2009, contain this and other information about Harris & Harris Group and
should be read carefully before investing. The offering may be made
only by means of a prospectus and a related prospectus supplement, copies of
which may be obtained from Needham & Company, LLC at 445 Park Avenue, New
York, NY 10022, or (212) 371-8300.
Harris
& Harris Group is a publicly traded venture capital company that invests in
nanotechnology and microsystems.
Detailed
information about Harris & Harris Group and its holdings, including articles
on nanotechnology, cleantech and venture capital, can be found on its website at
www.HHVC.com.
This
press release may contain statements of a forward-looking nature relating to
future events. These forward-looking statements are subject to the
inherent uncertainties in predicting future results and
conditions. These statements reflect the Company's current beliefs,
and a number of important factors could cause actual results to differ
materially from those expressed in this press release. Please see the Company's
Registration Statement on Form N-2, prospectus supplement and Annual Report on
Form 10-K for the fiscal year ended December 31, 2008, as well as subsequent
filings, filed with the Securities and Exchange Commission for a more detailed
discussion of the risks and uncertainties associated with the Company's
business, including but not limited to the risks and uncertainties associated
with venture capital investing and other significant factors that could affect
the Company's actual results. Except as otherwise required by Federal
securities laws, the Company undertakes no obligation to update or revise these
forward-looking statements to reflect new events or
uncertainties. The reference to the website www.HHVC.com has been
provided as a convenience, and the information contained on such website is not
incorporated by reference into this press release.