California based company, Google Inc., wishes to conclude its share auction Tuesday. This sets the stage for the shares to go public on Wednesday.
Google and the underwriters have requested that the SEC declare the registration statement pertaining to Google’s initial IPO of Class A common stock effective on Tuesday, August 17, 2004 at 4:00 p.m. (Eastern Daylight Time). Holders of bidder IDs will be sent a notice of effectiveness once the registration statement has been declared effective.
If you have submitted a bid, you should access the current prospectus and carefully reconsider your bid(s). Bids may be accepted by the underwriters in as little as ONE HOUR after the notice of effectiveness of the registration statement is sent to you. You may withdraw your bid(s) by contacting your brokerage firm at any time until the notice of acceptance is sent to you. Please note that submitting a bid does not guarantee that you will be allocated shares in the offering, if it is completed.
A registration statement relating to Google’s Class A common stock has been filed with the Securities and Exchange Commission but has not yet become effective. Google’s Class A common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of Google’s Class A common stock 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. No offer to buy shares of Google’s Class A common stock can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time until the notice of acceptance is sent after the effective date. Of the shares to be sold in Google’s initial public offering of Class A common stock, 14,142,135 will be issued and sold by Google and 11,555,394 will be sold by the selling stockholders.
Jeremy Muncy is a staff writer for www.murdok.org
