ATLANTA-LHS Group Inc. submitted an application on behalf of the selling stockholders to the
Securities Exchange Commission to withdraw the selling stockholders’ secondary stock offering of 3.35 million
shares.
The offering is being withdrawn because LHS, the selling stockholders and the placement agents determined
current market conditions are not conducive to an offering because of the recent decline in the company’s stock price.
LHS Group said the intent was to bundle the shares and bring them to market followed by a six-month lock-up period.
