Centra Commences Initial Public Offering of Common Stock.Business/Technology Editors LEXINGTON, Mass.--(BUSINESS WIRE)--Feb. 3, 2000 Centra Software, Inc., a provider of software for live eBusiness collaboration, announced today that it has commenced an initial public offering of 5,000,000 shares of common stock at an initial public offering price of $14 per share. All of the shares are being sold through underwriters led by Robertson Stephens Inc., Chase H&, and Dain Rauscher Wessels. In addition, Centra has granted the underwriters the option to purchase up to 750,000 additional shares of common stock solely to cover over-allotments, if any. Centra's common stock will be traded on the Nasdaq National Market under the symbol &uot;CTRA&uot;. Centra 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). of the offering for working capital, capital expenditures and other general corporate purposes. This press release shall not constitute an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an 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. 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. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the offering may be obtained from FleetBoston Robertson Stephens Inc., 555 California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Street, Suite 2600, 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 94104, (415) 781-9700; Chase Securities, Inc., One Bush Street, San Francisco, CA 94104, (415) 439-3000; or Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, Dain Rauscher Plaza, 60 South Sixth Street, Minneapolis, MN 55402, (612) 371-2711. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion