CrossWorlds Software Announces Exercise of Over-Allotment Option.Business Editors and Technology Writers BURLINGAME, Calif.--(BUSINESS WIRE)--July 12, 2000 CrossWorlds Software, Inc. (Nasdaq:CWLD), a provider of e-business infrastructure software, announced today that in connection with the initial public offering of its common stock at $10 per share, the underwriters have exercised their over-allotment option to purchase 600,000 additional shares of common stock. The offering was made through managing underwriters Chase H&Q, Dain Rauscher Wessels and 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 . The gross proceeds of approximately $5.6 million from the exercise of the over-allotment option bring the total gross proceeds from the offering to approximately $46 million. CrossWorlds is an e-business infrastructure software provider that integrates internal operations and extends these operations over the Internet. 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 or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. A copy 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: Chase H&Q, One Bush Street, 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, 415/439-3000, Dain Rauscher Wessels, 60 South 6th Street, Minneapolis, MN 55402-4422, 612/313-1200 or Thomas Weisel Partners, LLC, 1 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , Suite 3700, San Francisco, CA 94104, 415/364-2500. CrossWorlds and the CrossWorlds logo are trademarks or registered trademarks of CrossWorlds Software, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or foreign countries. All other company or product names are trademarks or registered trademarks of their respective owners. |
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