Business Services Industry

Kenexa Corporation Files Amendment No. 1 to the Registration Statement on Form S-1 Regarding Proposed Public Offering

Business Wire, Feb 22, 2006

WAYNE, Pa. -- Kenexa Corporation (Nasdaq: KNXA) announced today that it has filed an amendment to its registration statement on Form S-1 with the Securities and Exchange Commission in connection with the previously announced proposed public offering. The proposed public offering of 4,565,000 shares of Kenexa's common stock is expected to consist of 1,640,000 shares of common stock offered by Kenexa and the remaining 2,925,000 shares offered by certain selling shareholders. The underwriters will have an option to purchase 585,700 additional shares of common stock from certain other selling shareholders and 99,050 additional shares of common stock from Kenexa solely to cover over-allotments, if any.

The managing underwriters of the proposed offering are Credit Suisse Securities (USA) LLC and Cowen & Co., LLC, acting as joint book-running managers. William Blair & Company, L.L.C., CIBC World Markets Corp., JMP Securities LLC, Needham & Co., LLC, and Boenning & Scattergood, Inc. will serve as co-managers.

A preliminary prospectus relating to these securities is not currently available. The proposed offering may be made only by means of a prospectus, a copy of which may be obtained, when available, from Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, from SG Cowen & Co., LLC, Prospectus Department at ADP, 1155 Long Island Avenue, Edgewood, New York 11717.

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 or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the laws of any such state.

About Kenexa

Kenexa Corporation provides outsourcing, employee research and software to help organizations more effectively recruit and retain a productive workforce. Kenexa solutions include applicant tracking, employment process outsourcing, phone screening, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys and HR Analytics. Kenexa is headquartered in Wayne, Pa.

Note to Editors: Kenexa is a registered trademark of Kenexa Corporation. Other product or service names mentioned herein remain the property of their respective owners.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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