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GoTo.com, Inc. Prices Follow-On Offering

$16.50 Per Share

         

Mike_Mackin

12:47 pm on Jun 30, 2001 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



GoTo.com, Inc. announced the pricing of the public offering of 7,500,000 shares of its common stock at $16.50 per share, before underwriting discounts and commissions.

[irconnect.com...]

tigger

2:37 pm on Jun 30, 2001 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I wonder if customers of GoTo are going to be offered shares at a discounted price depending on their current monthly budget. :)

Mike_Mackin

12:57 pm on Jul 9, 2001 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



GoTo's sale of shares raised approximately $58.6 million for the company, before offering expenses. This infusion of cash brings GoTo's cash and liquid investment position to more than $100 million.

[irconnect.com...]

tigger

1:06 pm on Jul 9, 2001 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



The question is now with all these pennies in the bank what are they going to do with it?