CX2 Corporation Announces Notice of Extension to the Offer to Exchange Shares of Common Stock of Red Hat, Inc.Business Editors OLDE olde Adjective Facetious quaint [from the former spelling of old] MONTGOMERY, Ohio--(BUSINESS WIRE)--Sept. 26, 2001 CX2 Corporation ("CX2") is currently offering up to a maximum of 1,000,000 shares of Series A, 8% Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". in exchange for a maximum of 200,000 shares of Red Hat, Inc. stock upon the terms and conditions set forth in the Exchange Offer Memorandum ("Exchange Offer") dated July 25, 2001 and related Subscription Agreement and Exchange Instruction Letter. CX2 shares are being offered at an exchange price that is equivalent to $1.00 per share, and is offering to exchange for common stock of Red Hat, Inc. (stock symbol:RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ) 5 shares of CX2 for one share of RHAT. The average closing price for the ten days prior to July 25, 2001 for Red Hat, Inc. was approximately $4.00 per share. The per share offering price for CX2 stock was arbitrarily determined. Accordingly, there is no relationship between the offering price and the assets, earnings or book value of CX2 or any other recognized criteria of value. Consequently, the exchange price may not accurately reflect the real value of the exchange. Currently, CX2 stock is not publicly traded. CX2's multi-media, retail, and national promotions business interacts with the "Holy Grail of Retail," while leveling the playing field for millions of high school students. CX2's corporate offices are located at 9415 Montgomery Road, Suite B, Olde Montgomery, Ohio 45242, 513/936-0701. THE EXTENSION TO THIS OFFER EXPIRES AT 8:00 P.M., 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 TIME, ON OCTOBER 25, 2001. No money or other consideration is being solicited or will be accepted by way of this general announcement. We will only accept Red Hat, Inc. (RHAT) tendered shares from accredited investors who are residents of the following states: Alaska, Colorado, Connecticut, Delaware, District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Indiana, Kansas, Kentucky, Maine, Maryland, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia Washington is a census-designated place (CDP) in Wood County, West Virginia, along the Ohio River. The population was 1,170 at the 2000 census. The CDP is home to the Washington Works, one of the largest single facilities of chemicals manufacturing giant DuPont. and Wyoming. The securities of CX2 Corporation have not been registered with or approved by any state securities agency of the United States Securities and Exchange Commission and are being offered and sold pursuant to an exemption from registration. The Depository for the Exchange Offer is Electronic Trust Depositary, Inc., Post Office Box 30633, Palm Beach Gardens, FL 33420-0633, 561/627-3528. A copy of the Exchange Offer may be obtained at http://www.stocktender.net/CX2 . For additional information, please contact the Information Agent, iCrown Capital Corporation at 561/627-3508. |
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