Mountain Valley Spring Company (the "Company") announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of the Company's common stock. The number of shares to be offered and the price range for the offering have not yet been determined. In connection with filing the registration statement on Form S-1, the Company applied to list its shares of common stock on the Nasdaq Capital Market under the previously reserved symbol "WATR".
Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc. (Nasdaq: RODM) will act as sole book-running manager for the offering. This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from the offices of Rodman & Renshaw, LLC, 1251 Avenue of the Americas, 20th Floor, New York, New York 10020, (212) 430-1709.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement 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.
About Mountain Valley Spring Company
Mountain Valley Spring Company is a premium bottled water producer headquartered in Hot Springs National Park, Arkansas. For over 140 years, the Company and its predecessors have bottled and sold natural spring water flowing from proprietary natural springs located in central Arkansas. The Company, which bottles its water in both glass and plastic bottles, also manufactures plastic bottles from PET for use in its bottling operations and for sale to third party beverage bottlers.
Contacts:
Mountain Valley Spring Company
James B. Speed, III, 501-624-1635
bspeed@mountainvalleyspring.com