New SEC filing, selling 44M shares
This prospectus relates to the sale of up to 44,164,274 shares of common stock of The Ashton Technology Group, Inc. offered by the selling stockholders listed on page 14 of this prospectus. The selling stockholders may, from time to time, sell any or all of their shares of common stock on any stock exchange, market, national quotation system or trading facility on which the shares are traded, in private transactions, through the writing of options on the shares, or through a combination of such methods of sale, or such other methods as are described under the plan of distribution on page 17 of this prospectus, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices relating to such prevailing market prices or at negotiated prices.
We will not receive any of the proceeds from the sale of the shares by the selling stockholders. Our common stock is quoted on the OTC Bulletin Board under the symbol "ASTN.OB". The closing price of our common stock on September 27, 2002, was $0.05 per share.
Investing in our common stock involves a high degree of risk. You should carefully consider the matters in the "Risk Factors" section, beginning on page 4.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. |
