Constant Contact Prices Initial Public Offering
WALTHAM, MA – October 2, 2007 – Constant Contact®, Inc (NasdaqGM: CTCT) today announced the pricing of its initial public offering of 6,700,000 shares of its common stock at $16.00 per share (before underwriting discounts and commissions).
The 6,700,000 shares consist of 5,829,839 being sold by the Company and 870,161 being sold by certain stockholders of the Company. The shares are scheduled to begin trading on the NASDAQ Global Market on October 3, 2007 under the trading symbol “CTCT.” The Company will not receive any of the proceeds from the sale of common stock held by the selling stockholders. The Company and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,005,000 shares at the initial public offering price to cover over-allotments, if any.
CIBC World Markets and Thomas Weisel Partners acted as joint book-runners for the offering, and William Blair & Company, Cowen and Company, and Needham & Company were co-managers.
A copy of the final prospectus related to this offering may be obtained from CIBC World Markets Corp., Attn: USE Prospectus Department, 425 Lexington Ave, 5th floor, New York, New York 10017, (866) 895-5637, firstname.lastname@example.org or from Thomas Weisel Partners LLC, Attn: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, (415) 364-2720.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 2, 2007. 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 Constant Contact, Inc.
Constant Contact is the leading provider of on-demand email marketing solutions for small businesses, nonprofits, and associations.
Constant Contact is a registered trademark and the Constant Contact Logo is a trademark of Constant Contact, Inc. All other company names may be trademarks or service marks of their respective owners
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