BabyUniverse, Inc. Prices Initial Public Offering
03 Agosto 2005 - 1:09PM
PR Newswire (US)
FORT LAUDERDALE, Fla., Aug. 3 /PRNewswire-FirstCall/ --
BabyUniverse, Inc. (AMEX:BUN) today announced the pricing of its
initial public offering of 2,000,000 shares of its common stock,
all of which will be sold by the Company, at $9.50 per share. In
connection with the offering, certain selling shareholders have
granted the underwriters a 30-day option to purchase up to 300,000
additional shares, solely to cover over-allotments, if any. The
Company's common stock is expected to begin trading today on the
American Stock Exchange under the ticker symbol "BUN." GunnAllen
Financial, Inc. and Wedbush Morgan Securities Inc., are the co-lead
managers of the offering. The offering is being made only by means
of a prospectus, copies of which may be obtained by contacting
GunnAllen Financial, Inc., Attn: M. Murphy, 5002 West Waters
Avenue, Tampa, Florida 33634 (Telephone number: 813-282-0808); or
Wedbush Morgan Securities Inc., Prospectus Department, 1000
Wilshire Boulevard, Los Angeles, California 90017 (Telephone
number: 213-688-4545). A registration statement relating to these
securities has been declared effective by the Securities and
Exchange Commission. This press release shall not constitute an
offer to sell or the solicitation of an offer to buy these
securities, nor shall there by 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 such state or jurisdiction. BabyUniverse, Inc.,
headquartered in Fort Lauderdale, Florida, is a leading online
retailer of brand name baby, toddler and maternity products in the
United States. BabyUniverse offers over 33,500 products from over
450 manufacturers in an easy-to-use shopping environment that
includes baby, toddler and maternity accessories, apparel, bedding,
furniture, toys and gifts. DATASOURCE: BabyUniverse, Inc. CONTACT:
Jonathan Teaford, Executive Vice President of BabyUniverse, Inc.,
+1-772-545-9026
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