-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B9OK+80wP9xqdjPdn/ACuRuP9EX3VmE9OaouxEghzIM6UlbWstptnmgF7Bx4teEm I3OulHccDBnbCuVgQ6fy8g== 0001047469-03-037405.txt : 20031114 0001047469-03-037405.hdr.sgml : 20031114 20031114120611 ACCESSION NUMBER: 0001047469-03-037405 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031114 FILED AS OF DATE: 20031114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIERRA WIRELESS INC CENTRAL INDEX KEY: 0001111863 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30718 FILM NUMBER: 031001786 BUSINESS ADDRESS: STREET 1: 13575 COMMERCE PARKWAY STREET 2: SUITE 150 CITY: RICHMOND BC CANADA V STATE: A1 ZIP: 00000 6-K 1 a2122887z6-k.txt FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------ FORM 6-K Report of Foreign issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 ----------- For the Month of November 2003 ------------ (Commission File. No 0-30718). ----------- SIERRA WIRELESS, INC., A CANADA CORPORATION --------------------------------------------- (Translation of registrant's name in English) 13811 Wireless Way Richmond, British Columbia, Canada V6V 3A4 ----------------------------------------------------- (Address of principal executive offices and zip code) Registrant's Telephone Number, including area code: 604-231-1100 Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F X 40-F --- --- Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: Yes: No: X --- --- 1 NEWS RELEASE TRANSMITTED BY CCN MATTHEWS FOR: Sierra Wireless, Inc. TSX: SW Nasdaq: SWIR November 14, 2003 SIERRA WIRELESS, INC. CLOSES US$74.8 MILLION PUBLIC OFFERING Vancouver, British Columbia - Sierra Wireless, Inc. (NASDAQ: SWIR, TSX: SW) today announced that it has successfully closed its previously announced public offering of 4,600,000 common shares at a price of US$16.25 per share. Under the offering, which included the shares issuable upon the exercise by the underwriters of the over-allotment option, Sierra Wireless sold 4,442,222 common shares from treasury, and two retiring officers of Sierra Wireless sold an aggregate of 157,778 common shares by way of a secondary offering. Gross proceeds of this offering will be US$74.8 million. Lehman Brothers Inc. and CIBC World Markets Inc. are the underwriters and joint bookrunners for the offering. The proceeds from the offering will be used by Sierra Wireless for working capital and general corporate purposes, including acquisitions. 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 the common shares in any State in which such offer, solicitation or sale would be unlawful. FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully integrate AirPrime into our business and our ability to develop, manufacture, and supply products that we do not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized. 2 ABOUT SIERRA WIRELESS Sierra Wireless is a leader in delivering highly differentiated wireless solutions that enable our customers to improve their productivity and lifestyle. Sierra Wireless develops and markets AirCard, the industry-leading wireless PC card line for portable computers; embedded modules for OEM wireless applications; the MP line of rugged vehicle-mounted connectivity solutions and Voq, a line of professional phones with easy-to-use, secure software solutions for mobile professionals. For more information on Sierra Wireless, visit our web site at http://www.sierrawireless.com/. For more information on Voq professional phones, visit our web site at http://www.voq.com/. "AirCard" and "Voq" are trademarks of Sierra Wireless, Inc. FOR FURTHER INFORMATION PLEASE CONTACT: Sierra Wireless, Inc. Peter W. Roberts, CA, CPA Chief Financial Officer (604) 231-1192 Email: proberts@sierrawireless.com. Website: http://www.sierrawireless.com/ 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Sierra Wireless, Inc. By: /s/ Peter W. Roberts ----------------------------------------- Peter W. Roberts, Chief Financial Officer Date: November 14, 2003 4 -----END PRIVACY-ENHANCED MESSAGE-----