Cbeyond Communications Inc. Announces Initial Public Offering of Common Stock at $12 Per Share.ATLANTA -- Cbeyond Communications Inc. (Nasdaq: CBEY CBEY Center for Business and the Environment at Yale ) today announced the pricing of its initial public offering of 6,132,353 shares of common stock at $12.00 per share. The shares will be listed on the Nasdaq National Market under the symbol "CBEY" and will begin trading on November 2, 2005. The Company intends to use the 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 the repayment of outstanding indebtedness and for general corporate purposes, including capital expenditures and startup costs for expansion into new markets. The underwriters have an option to purchase up to 882,352 additional shares of common stock from the Company to cover over-allotments, if any. Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Securities Inc. is the book-running manager and Raymond James & Associates, Inc., Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and ThinkEquity Partners LLC are co-managers of this offering. A registration statement relating to these securities was filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy common stock of Cbeyond Communications Inc., nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the securities under the securities laws of any such state or jurisdiction. The offering of these securities is made only by means of a prospectus. Copies 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 Deutsche Bank Securities Inc. at 60 Wall Street, 4th Floor, 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 , New York 10005 (212) 250-2500. About Cbeyond Cbeyond is an Atlanta-based managed services provider in the emerging local voice and broadband services market and manages a 100 percent Voice over Internet Protocol (VoIP), facilities-based, private, local phone network. Cbeyond delivers an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications to a target market of small business customers in selected large metropolitan areas. For more information on Cbeyond, visit www.cbeyond.net. CBEY-F CBEY-G |
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