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REPEAT/Shopping.com Announces Initial Public Offering of 1.3 Million Shares of Common Stock.


CORONA Corona, city, United States
Corona (kərō`nə), city (1990 pop. 76,095), Riverside co., S Calif.; inc. 1896. The city developed as a primary citrus fruit producer and shipping center. There is also light manufacturing.
 DEL MAR Del Mar is the name of several places in the United States of America:
  • Del Mar, California
  • Del Mar, Texas
  • Del Mar High School, located in San Jose, California
  • Del Mar Racetrack, located in Del Mar, California
, Calif.--(BUSINESS WIRE)--Nov. 25, 1997-- Shopping.com Tuesday announced that it has made an initial public offering of 1.3 million shares of its common stock at a price of $9 per share.

The stock will trade on the over-the-counter market over-the-counter market

Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict.
 under the stock symbol IBUY.

All of the 1.3 million shares are being offered by the company. In addition, the company has granted the underwriters an option to purchase 195,000 shares of stock to cover over-allotments, if any. The offering is being made through an underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 managed by Waldron & Co. Inc.

Shopping.com is an innovative, Internet-based electronic wholesaler/retailer specializing in retail marketing a broad range of products and services at wholesale prices to both the consumer and trade customers. Utilizing proprietary technology, the company has designed a fully scaleable systems architecture for the Internet processing including order placement, secure payment verification, inventory control, order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment  and vendor invoicing, in one seamless and automated process.

The company has developed a creative retailing format on the World Wide Web that combines a highly automated infrastructure with user-friendly interface designed to enhance the convenience and ease of online shopping.

A registration statement relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 these securities was filed and declared effective by the Securities and Exchange Commission. This news 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 any such state or jurisdiction.

A copy of the prospectus relating to these securities may be obtained from Waldron & Co. Inc., 19000 MacArthur Blvd., 8th Floor, Irvine, Calif. 92612

CONTACT: Ogden Forbes, 714/640-4393
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 26, 1997
Words:299
Previous Article:Helisys Receives $1 Million Capital Commitment; One Half in Equity and One Half in Debt Guaranty.
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