Business Services Industry
Garage.com Announces Filing of Registration Statement With SEC For Initial Public Offering
Business Wire, Feb 11, 2000
Business Editors/High-Tech Writers
PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 11, 2000
Garage.com today announced the filing of a registration statement with the Securities and Exchange Commission for an initial public offering of common stock.
The initial public offering will be managed by Goldman, Sachs &Co., Credit Suisse First Boston, and Robertson Stephens.
Garage.com operates an online business-to-business service that helps entrepreneurs and investors create, build, and fund promising early-stage technology startups. Garage.com targets its service to startups seeking to raise initial financing of between $0.5 million and $5 million.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy 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 any such state.
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