aQuantive, Inc. (Nasdaq:AQNT), a digital marketing
company, today announced that it has filed a Registration Statement on
Form S-3 and related documents with the Securities and Exchange
Commission for a proposed public offering of 7,000,000 shares of its
common stock. aQuantive also expects to grant the underwriters a
30-day option to purchase up to an additional 1,050,000 shares to
cover over-allotments, if any.
aQuantive plans to use the net proceeds from this offering for working capital and general corporate purposes and may also use the net proceeds to acquire or invest in businesses, products or technologies that are complementary to its own.
UBS Investment Bank and Jefferies Broadview, a division of Jefferies & Company, Inc., are the joint book-running managers for the offering. Bear, Stearns & Co. Inc. and Thomas Weisel Partners LLC are acting as co-managers.
Copies of the preliminary prospectus supplement and the accompanying prospectus, when available, may be obtained from UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171 and from Jefferies Broadview, a division of Jefferies & Company, Inc., 520 Madison Ave., 12th Floor, New York, New York 10022.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any shares of aQuantive's common stock, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Certain statements in this press release that relate to future plans of aQuantive are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall within the "safe harbor" provisions of the PSLRA. The forward-looking statements are based on the opinions of management at the time the statements were made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include aQuantive's completion of the offering, which is subject to various risks including the satisfaction of various conditions to closing and prevailing conditions in the public capital markets. More information about factors that could cause actual results to differ materially from those predicted in aQuantive's forward-looking statements is set out in aQuantive's Annual Report on Form 10-K, or in any of its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements, which speak only as of the date of this release. Except as required by law, aQuantive undertakes no obligation to update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise.
aQuantive plans to use the net proceeds from this offering for working capital and general corporate purposes and may also use the net proceeds to acquire or invest in businesses, products or technologies that are complementary to its own.
UBS Investment Bank and Jefferies Broadview, a division of Jefferies & Company, Inc., are the joint book-running managers for the offering. Bear, Stearns & Co. Inc. and Thomas Weisel Partners LLC are acting as co-managers.
Copies of the preliminary prospectus supplement and the accompanying prospectus, when available, may be obtained from UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171 and from Jefferies Broadview, a division of Jefferies & Company, Inc., 520 Madison Ave., 12th Floor, New York, New York 10022.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any shares of aQuantive's common stock, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Certain statements in this press release that relate to future plans of aQuantive are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall within the "safe harbor" provisions of the PSLRA. The forward-looking statements are based on the opinions of management at the time the statements were made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include aQuantive's completion of the offering, which is subject to various risks including the satisfaction of various conditions to closing and prevailing conditions in the public capital markets. More information about factors that could cause actual results to differ materially from those predicted in aQuantive's forward-looking statements is set out in aQuantive's Annual Report on Form 10-K, or in any of its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements, which speak only as of the date of this release. Except as required by law, aQuantive undertakes no obligation to update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise.