Filed pursuant to Rule No. 424(b)(4) Registration No. 333-96535
3,500,000 SHARES COMMON STOCK
iBasis, Inc. is offering 2,026,637 shares of its common stock and selling stockholders are offering 1,473,363 shares of common stock. Our common stock is traded on the Nasdaq National Market under the symbol "IBAS." The last reported sale price of our common stock on the Nasdaq National Market on March 9, 2000was $73.078 per share.
COMMON STOCK OFFERED BY IBASIS.............................. 2,026,637 shares
COMMON STOCK OFFERED BY SELLING STOCKHOLDERS................ 1,473,363 shares
COMMON STOCK TO BE OUTSTANDING AFTER THIS OFFERING.......... 33,669,365 shares
(1)USE OF PROCEEDS............................................. For general corporate and working
capital purposes. See "Use of Proceeds.
"NASDAQ NATIONAL MARKET SYMBOL............................... IBAS
No wonder RS issued the BUY. Who would buy at $73?
Jim |
