TheStreet.com Subscribers get a chance at the IPO!
Anyone else get one of these in his email?
It has been discussed that they should reward subscribers with early IPO shares, well.... they are working on it.
I think its cool. I doubt I will get the chance, but if I do....
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Dear TSC Subscriber:
We are pleased to announce that TheStreet.com has set aside a portion of its common stock to allow subscribers as of February 22, 1999 who are selected in a random drawing and who meet certain eligibility requirements described below, the opportunity to purchase shares in our planned initial public offering. We chose February 22, 1999, because that's the day before we filed our registration statement for an initial public offering with the Securities and Exchange Commission. IN ADDITION, DUE TO CERTAIN LEGAL CONSIDERATIONS, YOU MUST BE A CURRENT U.S. RESIDENT TO PURCHASE THESE SHARES.
Because of logistics, we are unable to make shares available to every
subscriber as of February 22, 1999. Therefore, in the spirit of cooperation that has always been our hallmark, we are doing what we can to involve our faithful readership. We apologize in advance that we are unable to accommodate everyone.
You DO NOT need to contact us to be eligible to participate in our
subscriber offering. As a subscriber as of February 22, 1999 YOU ARE
ALREADY ELIGIBLE for the random drawing of 5,000 subscribers to be
conducted independently by Arthur Andersen, our accounting firm. Please DO NOT CONTACT US in reference to this program. If your name is randomly selected by Arthur Andersen we will contact you by April 9, 1999 via e-mail and snail mail (an actual letter) to provide further instructions about our subscriber offering program.
When we contact you, we will want to determine your specific interest in purchasing IPO shares at the public offering price and we will give you directions on how to obtain a preliminary prospectus concerning the offering. We will also provide specific instructions on how to complete an eligibility questionnaire required by the rules of the National Association of Securities Dealers.
A registration statement relating to the common stock of TheStreet.com, Inc. has been filed with the Securities and Exchange Commission but is not yet effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This message does not constitute an offer to purchase or the solicitation of an offer to buy securities. Nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of and such state. You should make your decision only after you have read the prospectus.
These are exciting times at TSC! Thank you for your support.
Kevin W. English
Chairman & CEO, TheStreet.com
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