Be Free, Inc. Announces Initial Public Offering.MARLBOROUGH, Mass.--(BUSINESS WIRE)--November 3, 1999-- Be Free, Inc. today announced the initial public offering of its common stock on the Nasdaq National Market under the symbol "BFRE BFRE Besoin en Fonds de Roulement d'Exploitation (French: Working Capital Requirement for Exploitation) ." The initial public offering price for the 5.6 million shares was $12.00 per share. All of the shares were offered by Be Free, Inc. The offering was led by Donaldson, Lufkin & Jenrette Securities Corporation and co-managed by Hambrecht & Quist LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, and DLJdirect Inc. A copy of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. may be obtained from Donaldson, Lufkin & Jenrette Securities Corporation at 277 Park Avenue, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10172. The company anticipates using net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the offering for working capital and general corporate purposes. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Be Free, Inc. Be Free is a leading provider of services that enable its customers to generate, place and manage hyperlink promotions for their products and services in tens of thousands of locations on the Internet. Be Free's customers pay it for these promotions only when they generate sales or traffic. Be Free's principal customers are large online merchants and portals, including barnesandnoble.com, GeoCities (a subsidiary of Yahoo!) and Network Solutions, Inc. Founded in 1996, Be Free has offices in Marlborough, MA, Pittsburgh, PA, Atlanta, GA, Chicago, IL, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA, Campbell, CA and New York, NY. All companies, product names, servicemarks and trademarks are property of their respective owners. |
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