Intelligent International Holdings Announces Proposed Public Featuring of Ordinary Shares by Providing Shareholders

NEWARK, Calif.–(Business WIRE)–Intelligent International Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) nowadays announced the start of a proposed underwritten community presenting of 3,000,000 of its regular shares by sure marketing shareholders affiliated with Silver Lake (the “Selling Shareholders”). The Business is not marketing any of its normal shares in the giving and will not receive any of the proceeds from the sale of its common shares by the Providing Shareholders.

Morgan Stanley & Co. LLC is performing as sole underwriter for the proposed providing.

The presenting is currently being manufactured pursuant to an helpful shelf registration statement on Kind S-3 (File No. 333-227451), filed by the Enterprise with the Securities and Trade Commission (the “SEC”) on September 20, 2018. Right before you spend, you must go through the prospectus in that registration statement and the other files the Business has submitted with the SEC for a lot more entire data about the Enterprise and the supplying. A preliminary prospectus nutritional supplement and accompanying prospectus relating to the supplying will be submitted with the SEC and will be readily available for free on the SEC’s web site at www.sec.gov. Alternatively, copies of the prospectus dietary supplement and the accompanying prospectus may also be received, when accessible, from Morgan Stanley & Co. LLC, Interest: Prospectus Office, 180 Varick Avenue, 2nd Flooring, New York, NY 10014.

This push release shall not constitute an supply to provide or the solicitation of an offer to acquire, nor shall there by any sale of these securities in any jurisdiction in which this kind of present, solicitation or sale would be unlawful prior to the registration or qualification less than the securities legal guidelines of any this sort of jurisdiction.

About Smart World-wide Holdings – SGH

SGH organizations are top designers and companies of electronics for computing, memory and specialty LED remedies. Our firms focus in application-particular product or service growth and aid for prospects in company, government and OEM gross sales channels.

As a strategic husband or wife, buyers count on SGH for the optimum top quality engineering items, buyer support, technological guidance, and worldwide offer chain and logistics excellence.

Cautionary Take note on Forward-Searching Statements

This press release incorporates forward-wanting statements within just the meaning of the Personal Securities Litigation Reform Act of 1995. These ahead-searching statements may perhaps be recognized by their use of terms and phrases such as “anticipate,” “expect,” “will,” “believe,” “continue,” “enable,” “ensure” and other comparable terms and phrases, and this kind of forward-looking statements include things like, but are not limited to, the statements concerning the Company’s expectations concerning the completion of the community supplying. The situations described in these ahead-seeking statements entail identified and unknown threats, uncertainties and other factors that could cause true outcomes to vary materially from the outcomes anticipated by these forward-on the lookout statements, which includes, but not constrained to the hazards and uncertainties reviewed in the “Risk Factors” area of the Company’s Annual Report on Variety 10-K submitted with the Securities and Trade Commission on October 22, 2020, as amended on April 6, 2021, and other subsequent filings the Organization helps make with the Securities and Trade Fee from time to time, such as its Sort 10-Q for the quarter finished February 26, 2021 and Form 10-Q for the quarter finished May possibly 28, 2021. In addition, the forward-on the lookout statements provided in this push launch characterize the Company’s sights and expectations as of the day hereof and are based mostly on information now obtainable to the Firm. The Firm anticipates that subsequent occasions and developments may possibly trigger the Company’s views to modify. Even so, whilst the Firm may well elect to update these forward-on the lookout statements at some point in the future, the Firm precisely disclaims any obligation to do so besides as expected by legislation. These forward-seeking statements ought to not be relied upon as symbolizing the Company’s views as of any day subsequent to the date hereof.