Business Services Industry
Open Link Files Registration Statement with SEC for Proposed Initial Public Offering
Business Wire, May 12, 2008
UNIONDALE, N.Y. -- Open Link Financial, Inc., a leading provider of cross-asset trading, risk management and related operational and portfolio management software, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock to be sold by the company and certain selling stockholders. Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. are joint book-running managers, with Banc of America Securities LLC, Deutsche Bank Securities Inc. and Jefferies & Company, Inc. serving as co-managers. The number of shares to be offered and the price range for the offering have not yet been determined.
This offering shall be made only by means of a prospectus. When available, copies of the preliminary prospectus related to this offering may be obtained from Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, phone: (800) 221-1037 or from Citigroup Global Markets Inc., Attention: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, phone: (800) 831-9146.
A registration statement relating to these securities has been filed with the U.S. 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 that 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 registration or qualification under the securities laws of any such state or jurisdiction.
About Open Link
Founded in 1992, Open Link is a leading developer of cross-asset trading, risk management, and related operational and portfolio management software. Open Link's diverse client base of over 125 customers worldwide includes 10 of the top 25 largest energy companies by market capitalization, eight of the largest financial institutions and seven of the largest central banks, as well as major hedge funds and public utilities. Headquartered on Long Island, New York, and with offices in New York, Houston, London, Berlin, Vienna, Sao Paulo, and Sydney, Open Link has 560 employees worldwide.
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