Long HLYS @ $26.25...News...
Lotta shorts, secondary was supposed to price tonight.
Heelys, Inc. Announces the Withdrawal of Its Registration Statement with Securities & Exchange Commission
Thursday June 28, 4:00 pm ET
DALLAS--(BUSINESS WIRE)--Heelys, Inc. (NASDAQ: HLYS - News) today announced that the withdrawal of its registration statement with the Securities and Exchange Commission for an underwritten secondary public offering of 4,500,000 shares of its common stock by certain of its stockholders that was filed on May 7, 2007 and last amended on June 25, 2007.
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About Heelys, Inc.
Heelys, Inc. designs, markets and distributes innovative, action sports-inspired products under the HEELYS® brand targeted to the youth market. The Company's primary product, HEELYS-wheeled footwear, is patented dual purpose footwear that incorporates a stealth, removable wheel in the heel. HEELYS-wheeled footwear allows the user to seamlessly transition from walking or running to skating by shifting weight to the heel. Users can transform HEELYS-wheeled footwear into street footwear by removing the wheel. HEELYS-wheeled footwear provides users with a unique combination of fun and style that differentiates it from other footwear and wheeled sports products.
Contact:
Heelys, Inc.
Patrick Hamner / Chairman
Mike Hessong / Chief Financial Officer
214-390-1831
or
Investor Relations:
Integrated Corporate Relations, Inc.
Joe Teklits/Brendon Frey, 203-682-8200
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"Talk is Cheap, it takes money to buy your freedom and the taxman is knocking on the door." from Carnival World by Jimmy Buffett.
AI
