YRC Worldwide Inc (YRCW)

[Pennyprof]

Thanks.

"We will pay the sales agents a commission equal to an aggregate of 3.0% of the gross proceeds of the sales price of common stock sold with respect to the first $25.0 million of gross proceeds and an aggregate of 2.0% of the gross proceeds with respect to gross proceeds in excess of that amount. Because there is no minimum offering amount required as a condition to closing this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. We expect that the total expenses for the offering, excluding compensation payable to the sales agents, will be approximately $165,000.

In connection with the sale of our common stock contemplated in this prospectus supplement, the sales agents may be deemed to be “underwriters” within the meaning of the Securities Act, and the compensation paid to the sales agents may be deemed to be underwriting commissions or discounts. We have agreed to indemnify the sales agents against certain civil liabilities, including liabilities under the Securities Act."

Still think I'm liable? Want to sue me personally?


Doubt you'll have much luck with them either. nice try...