Printer Friendly

dELiA*s, Inc. Announces Effectiveness of Registration Statement Relating to Its Previously Announced Rights Offering.

NEW YORK -- dELiA*s, Inc. (Nasdaq: DLIA) ("dELiA*s"), a direct marketing and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19, today announced that the Securities and Exchange Commission declared effective on December 29, 2005 the Post-Effective Amendment to its Registration Statement on Form S-1. The Post-Effective Amendment relates to the subscription rights, and shares of common stock underlying the subscription rights, to be offered to the Company's stockholders in its previously announced $20 million rights offering. The Company expects that its common stock will trade ex-rights on the Nasdaq National Market beginning on December 30, 2005. Upon the commencement of ex-rights trading in dELiA*s' common stock, the dELiA*s, Inc. rights will also be listed for trading on the Nasdaq National Market under the ticker symbol "DLIAR," though an active trading market in the rights may not commence. Delivery of rights certificates will be mailed starting on or about January 3, 2006.

In the rights offering, dELiA*s shareholders of record as of 5:00 p.m. on December 28, 2005 will receive at no charge 0.11533 of a subscription right for each share of dELiA*s common stock held. Each whole right will entitle the rights holder to purchase one share of common stock for $7.43 per share. The rights will expire, if not exercised, at 5:00 p.m. New York City time, on January 27, 2006, unless extended by dELiA*s.

A written prospectus may be obtained from Edward Taffet, General Counsel of dELiA*s. Mr. Taffet can be reached at 435 Hudson Street, New York, New York 10014, telephone (212) 807-9060 or by email at

About dELiA*s, Inc.

dELiA*s, Inc. is a direct marketing and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19. Its brands -- dELiA*s, Alloy and CCS -- generate revenue by selling apparel, accessories, footwear, room furnishings and action sports equipment predominantly to teenage consumers through direct mail catalogs, websites and, for dELiA*s, mall-based specialty retail stores.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 29, 2005
Previous Article:Actuate To Announce Fourth Quarter and Fiscal Year 2005 Financial Results on January 31, 2006.
Next Article:SwRI(R) Engineers Develop New Compressor Plate Valve.

Related Articles
dELiA*s Reports Second Quarter Results; dELiA*s- Branded Multi-Channel Sales Increase 44%; dELiA*s Direct Channel Produces Second Consecutive Quarter...
Alloy, Inc. Announces Filing of Registration Statement for Proposed dELiA*s, Inc. Spinoff and $20 Million Subscription Rights Offering.
Alloy Revises When-Issued Trading Date Expectation for dELiA*s, Inc. Common Stock to the Trading Day Immediately Following the S-1 Registration...
dELiA*s Establishes Record Date for Proposed Rights Offering.
Alloy Announces Effectiveness of dELiA*s, Inc. Registration Statement.
dELiA*s, Inc. Announces Effectiveness of Registration Statement.
Alloy Revises Ex-Dividend Trading Date Expectation in Connection With dELiA*s, Inc. Spinoff.
dELiA*s, Inc. Extends Subscription Rights Offering.
dELiA*s, Inc. Announces Filing of First 10-Q and Schedules Conference Call.
dELiA*s Announces Appointment of Independent Director; dELiA*s Completes Rights Offering.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters