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Revision History For: VGTI: Virtual Gaming News/Discuss

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Sunday April 12, 12:28 pm Eastern Time

First Virtual files for 2.4 mln shr offer

SANTA CLARA, Calif., April 12 (Reuters) - First Virtual Corp said on Friday that it has filed a registration statement with the
U.S. Securities and Exchange Commission covering an initial public offering of 2.4 million shares of common stock with an
estimated price range of $12.00 to $14.00 per share.

First Virtual said that 2.22 million shares are being offered by the company and 180,000 shares are being offered by selling
stockholders.

The company has granted the underwriters an option to purchase an additional 360,000 shares to cover over-allotments, if
any.

The offering is being made through an underwriting group managed by BancAmerica Robertson Stephens, Bear Stearns & Co
Inc and Hambrecht & Quist.

First Virtual provides Internet networking systems that integrate video with voice and data.

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VIRTUAL GAMING (OTC BB:VGTI - news)
Related News Categories: IPOs, US Market News