Certain OCZ Shareholders Execute Agreements for Private Sale of Common Stock
To institutional and accredited investors
This is a Press Release edited by StorageNewsletter.com on December 17, 2010 at 2:50 pmOCZ Technology Group, Inc. announced that certain shareholders of OCZ Technology Group, Inc. have signed definitive agreements with various institutional and accredited investors for the sale of OCZ common stock. OCZ will not receive any of the proceeds of such sale.
OCZ agreed to file a registration statement with the Securities and Exchange Commission, registering the resale of these shares following the close of the transaction.