Ingram Micro Files to Register Shares

Ingram Micro Inc., the world’s largest computer distributor, filed with the Securities and Exchange Commission to register 1.5 million shares of common stock for Softbank Corp. Softbank, one of Japan’s largest investors in Internet and computer ventures, would be able to sell Ingram Micro Class A shares on the open market once the SEC clears the registration statement. The Japanese company isn’t required to sell the shares, which were acquired through a warrant Dec. 3. The shares are worth about $18.8 million at today’s prices. Softbank owns about 1.2 million Ingram shares, and if it exercised the warrant, would own 1.8% of the computer distributor, the filing said. Shares of Santa Ana-based Ingram fell 19 cents to close at $12.50 on the New York Stock Exchange.