Design Within Reach, Inc. Prices Initial Public Offering of Common Stock.SAN FRANCISCO -- Design Within Reach, Inc. (Nasdaq:DWRI DWRI Developmental Writing (college course) ) announced today the pricing of its initial public offering of 4,100,000 shares of its common stock at a price of $12.00 per share. Of the shares offered, 3,000,000 are being offered by Design Within Reach, Inc. (the "Company") and 1,100,000 are being offered by selling stockholders of the Company. The selling stockholders have granted to the underwriters a 30-day option to purchase up to an additional 615,000 shares at the initial public offering price to cover over-allotments, if any. The offering was made through an underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. led by CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. Corp., as the lead manager and William Blair & Company, L.L.C. and SG Cowen & Co., LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control as co-managers. Copies of the prospectus relating to this offering may be obtained from CIBC World Markets Corp., 417 Fifth 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 10016, by fax at 212-667-6136 or by e-mail at useprospectus@us.cibc CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company .com. 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 any such state or jurisdiction. Design Within Reach, Inc. is an integrated multi-channel provider of distinctive modern design furnishings and accessories. "Design Within Reach" is a registered trademark of Design Within Reach, Inc. |
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