Affinity Technology Group offers 4.4 million shares of Common Stock.NEW YORK--(BUSINESS WIRE)--April 26, 1996--Affinity Technology Group, Inc. ("Affinity") announced today the initial public offering of 4,400,000 shares of Common Stock, sold by the Company at a price of $13.00 per share. Montgomery Securities and Donaldson, Lufkin & Jenrette are the managing underwriters Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. of the offering. Affinity develops and markets electronic commerce technology that enables consumers to conveniently access financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. through a variety of platforms. The Company currently markets one product, the Affinity Automated Loan Machine, which permits a consumer to apply for and receive a loan without human intervention in as little as ten minutes. This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sales of securities effected in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering will be made only by means of a prospectus, which may be obtained from J. Richard Fredericks Richard Frederick is a Saint Lucian lawyer and politician who is currently Minister for Physical Planning, Housing, Urban Renewal and Local Government. Born on August 6 1965, he is the tenth of twelve children and the last of five boys. at Montgomery Securities, 600 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA 94111 tel. (415) 627-2230. CONTACT: Mary Ann Dunnell (212) 484-7797 |
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