CoStar to issue IPO. (Technology: Update).CoStar Group, Inc. announced it has filed with the Seunties and Exchange Commission a registration statement for a proposed public offering of 1,250,000 shares of Common Stock. All of the shares to be offered will be old by the company. In addition, the company will grant e underwriters an option to purchase up to 187,500 additional shares to cover underwriters' over-allotments. 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). to the company will be used to fund all or a portion of the costs of future strategic acquisitions, although the company has no present understanding or agreement relating to any specific acquisition or investment; expand into new and existing markets; develop d facilitate distribution of new services; and fund working capital and other general corporate purposes. The proposed offering will be managed by Needham Company, Inc. and JMP JMP Jump JMP Java Memory Profiler JMP Joint Manpower Program JMP Joint Management Plan JMP Joint Marketing Program JMP JCL Manipulation Program JMP Joint Mission Planning (US DoD) JMP Joint Military Program Securities LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . A copy of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders can be obtained from Needham & Company, Inc., 445 Park Ave., New York, NY 10022; or JMP Securities LLC, One Embarcadero Center For the Embarcadero Center complex, see Embarcadero Center Three Embarcadero Center is an office skyscraper located in San Francisco's Financial District. The building is part of the Embarcadero Center, which is a complex of six interconnected buildings and one , Suite 100, San Francisco, CA94111. |
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