Google and the underwriters have requested that the Securities and Exchange Commission declare the registration statement pertaining to Google's initial public offering of Class A common stock effective on Tuesday, August 17, 2004 at 4:00 p.m.
bakedjake
7:34 pm on Aug 16, 2004 (gmt 0)
CBS Marketwatch Reporting:
Google (GOOG) on Monday said that it has asked the Securities and Exchange Commission to declare its IPO effective on Aug. 17 at 4 p.m. Eastern, which could see the search company's shares trading the next day.
loanuniverse
7:37 pm on Aug 16, 2004 (gmt 0)
I think everyone that got a bidder's id got an email saying the same.
Chris_R
7:50 pm on Aug 16, 2004 (gmt 0)
Bidding seems to still be open. I added another bid with etrade and it accepted it.
For what it's worth...
EquityMind
8:03 pm on Aug 16, 2004 (gmt 0)
<ahem> So how much was that bid Chris? (I won't tell anyone and neither will Jake, I'm sure of it)
Yeah - well it looks like google didn't get their wishes. the last thing CNBC said before the signed off my TV - was something like "We don't have anything to reoprt on Google yet".
I think the assumption is th earliest we will hear something now is wednesday morning
U.S. securities regulators on Tuesday did not give Google Inc. the green light it needs to price its initial public offering, extending the wait for its highly anticipated market debut.
bnhall
11:45 pm on Aug 17, 2004 (gmt 0)
Yep, SEC hasn't approved the registration. No IPO tomorrow it looks like.
christopher w
2:49 am on Aug 18, 2004 (gmt 0)
The delay raises the possibility that Google's paperwork may be incomplete or contain errors, said Thomas Curran, an attorney with the law firm of Edwards & Angell LLP in New York. Twice this month the company told investors it may have run afoul of SEC regulations governing stock sales.
The offering price is now expected to be between $85 and $95 per share. Google expects to sell 14,142,135 shares of Class A common stock in the offering as originally filed.