Wit Capital, an online broker, is offering shares of DRIV at the offering price. They offer IPOs on a first come, first serve basis, not a favored client basis, so the little guy has a chance to get some shares:
Wit Capital Corporation is pleased to announce that we are able to provide a participation in the Initial Public Offering of Digital River, Inc., lead managed by BT Alex. Brown as described below:
Issuer: Digital River, Inc. is a leading provider of comprehensive electronic commerce outsourcing solutions to software publishers and online retailers.
Security: Common Stock
Expected Size of Offering: 3,200,000 Shares
Expected Price Range: $10.00 to $12.00 per share
Managing Underwriters: BT Alex. Brown, BancAmerica Robertson Stephens, Bear, Stearns & Co. Inc.
Proposed NASD Symbol: DRIV
If you think you may be interested in this Initial Public Offering available through Wit Capital, please visit witcapital.com or call (888) 494-8227 x4427.
You can download and print the Preliminary Prospectus from the New Issues section of Wit Capital's website (http://www.witcapital.com). You may also obtain a prospectus by calling Wit Capital at the above number or writing Wit Capital at: 826 Broadway, 6th Floor, New York, NY 10003. To purchase shares, you must first open an account, which can be done online. |