Business Description: Tumbleweed Communications Corp. is a provider of secure Internet communication services for businesses worldwide.
Offering Size: 4,000,000 shares of common stock; all by the Company.
Use of Proceeds: The Company expects to use the net proceeds from the offering for working capital and other general corporate purposes. In addition, they may use a portion of the net proceeds to acquire complementary products, technologies, or businesses.
Price: $12 - $14
Expected Date: The offering is expected to take place on or about August 5th, 1999. |