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Delta%20Apparel<%2Fa>,%20Duluth,%20Ga.,%20submitted%20a%20Form%20S-3%20with%20a%20universal%20shelf%20registration%20to%20the%20Securities%20and%20Exchange%20Commission<%2Fa>%20(SEC).%20The%20shelf%20registration,%20if%20the%20SEC%20deems%20it%20effective,%20would%20permit%20Delta%20Apparel%20to%20sell%20up%20to%20$100%20million%20its%20securities,%20which%20may%20consist%20of%20common%20stock,%20preferred%20stock,%20debt%20securities,%20warrants%20or%20any%20combination%20of%20those%20options,%20through%20the%20next%20three%20years.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.printandpromomarketing.com%2Farticle%2Fdelta-apparel-files-100-million-universal-shelf-registration-statement%2F" target="_blank" class="email" data-post-id="1919" type="icon_link">
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While Delta Apparel has no specific plans to utilize this prospect, it, if approved, would provide Delta Apparel with a cost-effective opportunity.
"We believe the universal shelf registration statement provides us optimal financial flexibility for general corporate purposes," Robert W. Humphreys, Delta Apparel’s Chairman and CEO, said. "In addition, it streamlines the process in the event we identify strategic opportunities that may require additional capital."
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