H&H to sell additional shares

Dec. 29, 2003 — Harris & Harris Group Inc. announced a follow-on offering last week. The company will sell 2 million shares of its common stock at $8 per share.

The company intends to use the net proceeds of the offering to make new investments and follow-on investments on existing portfolio companies. The offering is being underwritten by Punk, Ziegel & Co. of New York.

Prior to the offering, Harris & Harris had 11,498,845 common shares outstanding. Harris & Harris is a New York-based business development company that invests in nanotechnology, MEMS and microsystems businesses.

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