BURLINGTON, Mass.-Lightbridge Inc. announced it will not offer 2.5 million shares of its common stock for sale to the public. Lightbridge had previously announced its intention to file a registration statement this month with the Securities and Exchange Commission.
About 1.5 million shares were to be offered by stockholders and the remaining 1 million shares were to be offered by Lightbridge. The company determined not to proceed with the proposed offering based upon recent conditions in the capital markets.
