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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (69)	6/4/1999 4:48:00 PM
From: Mohan Marette	Respond to of 845

Wit Capital Group, Inc.'s Underwriters Exercise Over-Allotment Option NEW YORK, June 4 /PRNewswire/ -- Wit Capital Group, Inc. (Nasdaq: WITC - news), the Internet investment banking and brokerage firm, today announced that the Company's underwriters have exercised their option to purchase an additional 1.14 million shares in connection with its initial public offering. Wit Capital Group, Inc. began trading this morning on the Nasdaq national market under the trading symbol ''WITC.'' With the exercise of the option, the Company offered a total of 8.74 million common shares, priced at $9.00 per share. Gross proceeds to the Company are $78.66 million. The co-lead managers were Bear Stearns & Co., Inc. and Wit Capital Corporation, and Thomas Weisel Partners LLC was co- manager. biz.yahoo.com