CompuCredit Corporation Announces Filing of Registration Statement for Follow-On Offering.Business Editors & Technology/Banking Writers ATLANTA--(BUSINESS WIRE)--Jan. 18, 2000 CompuCredit Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CCRT CCRT Core Conflictual Relationship Theme CCRT Conseil Canadien de la Réadaptation et du Travail (Canadian Council on Rehabilitation and Work) CCRT Cape Cod Rail Trail (Massachusetts, USA) ) today announced that it has filed a registration statement with the Securities and Exchange Commission for a follow-on public offering of 4,000,000 shares of its common stock. All of the shares will be sold by CompuCredit. CompuCredit and four selling shareholders have granted the underwriters an option to purchase up to 600,000 additional shares of common stock to cover over-allotments, if any. Donaldson, Lufkin & Jenrette is acting as book-running manager, and J.P. Morgan & Co. is acting as co-lead manager of the underwriters. Bear, Stearns & Co. Inc., First Union Securities, Inc., PaineWebber Incorporated and DLJdirect Inc. are acting as co-managers. CompuCredit Corporation is a credit card company that uses analytical techniques, including sophisticated computer models, to target a consumer credit market that it believes has been underserved by traditional grantors of credit. CompuCredit markets Aspire Visa credit cards to these consumers on an unsecured basis through traditional channels such as direct mail and telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. , as well as through its Internet marketing See Internet advertising. services subsidiary, AspireCard.com, Inc. Aspire Visa cards are issued by Columbus Bank and Trust under an agreement with CompuCredit. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Once available, preliminary prospectuses 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 may be obtained from Donaldson, Lufkin & Jenrette, 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 , New York 10172, Attention: Prospectus Department. |
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