Documentum, Inc. Announces Initial Public Offering.Inc. (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 Symbol: DCTM) announced today the initial public offering of 1,800,000 shares of its common stock at a price of $24.00 per share. 1,788,000 of the shares are being sold by the company and 12,000 shares are being sold by existing stockholders of the company. The company has also granted the underwriters an option to purchase up to an additional 270,000 shares of common stock to cover over-allotments, if any. The offering is being made through an underwriting group managed by Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. & Co. Incorporated and
Alex. Brown & Sons Incorporated.
The company will receive approximately $39.1 million in 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). from the offering ($45.1 million if the underwriters over-allotment option is exercised in full). The company plans to use the net proceeds from the offering for working capital and other general corporate purposes, including expansion of general sales and marketing and customer support activities to accommodate growth in the company's business and customer base. Documentum, Inc. develops, markets and supports a family of object-oriented, client/server document management software products that specifically address the challenges of managing intellectual capital effectively across large enterprises. Copies 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. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the offering may be obtained when available from Morgan Stanley & Co. Incorporated, 1585 Broadway, 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 , NY 10036. Phone: 212/761-4000; Fax: 212/761-0259; or Alex. Brown & Sons Incorporated, 101 California Street, San Francisco, CA 94111. Phone: 415/544-2800; Fax: 415/477-4255. CONTACT: DOCUMENTUM Alan S. Henricks, 510/463-6800 inv.rel@documentum.com |
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