CrossWorlds Software Announces Initial Public Offering.Business Editors BURLINGAME, Calif.--(BUSINESS WIRE)--June 1, 2000 CrossWorlds Software, Inc., a provider of e-business infrastructure software, announced today the initial public offering of 4,000,000 shares of common stock priced at $10 per share. The stock is trading on the Nasdaq National Market under the symbol "CWLD." The offering was made through managing underwriters Managing underwriter The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. 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 underwriters have been granted an over-allotment option to purchase up to 600,000 additional shares of common stock. CrossWorlds is a provider of e-business infrastructure software that enables the integration and automation of business processes within enterprises and among trading partners using the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . This press release shall not constitute an offer to sell or the 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 such state or jurisdiction. The offer is made only by the prospectus, a copy of which may be obtained from:
-- Chase H&Q, One Bush Street, San Francisco, CA 94104, 415/439-3000
-- Dain Rauscher Wessels, 60 South 6th Street, Minneapolis, MN
55402-4422, 612/313-1200
-- Thomas Weisel Partners, LLC, 1 Montgomery 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion