Attached files
| file | filename |
|---|---|
| 8-K - interCLICK, Inc. | v169442_8k.htm |
| EX-1.1 - PLACEMENT AGENT AGREEMENT - interCLICK, Inc. | v169442_ex1-1.htm |
| EX-10.1 - FORM OF SUBSCRIPTION AGREEMENT. - interCLICK, Inc. | v169442_ex10-1.htm |
| EX-10.2 - FINANCIAL ADVISORY AGREEMENT - interCLICK, Inc. | v169442_ex10-2.htm |
interCLICK
Announces Closing of Common Stock Offering
NEW YORK
– December 18, 2009 – interCLICK, Inc. (NASDAQ: ICLK), the leading ad network in
data and inventory transparency, today announced that it closed its previously
announced registered direct offering and sold 2,875,000 shares of common stock
to a select group of institutional investors at a price of $4.50 per share. Net
proceeds to interCLICK after deducting placement agent fees were approximately
$12.0 million. Concurrent
with interCLICK’s primary offering, certain members of interCLICK’s Board of
Directors sold a total of 1,150,000 registered shares of common stock at $4.50
per share. Total gross proceeds of the offering were approximately
$18.1 million.
interCLICK
intends to use the net proceeds for general corporate purposes and working
capital requirements.
RBC
Capital Markets Corporation served as lead placement agent and Merriman Curhan
Ford & Co. acted as co-agent.
The
shares were sold by interCLICK, Inc. pursuant to a shelf registration statement
declared effective by the Securities and Exchange Commission on November 30,
2009. 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 the 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. The securities may only be offered by means of a
prospectus, including a prospectus supplement, which forms a part of the
effective registration statement. Copies of the final prospectus supplement and
accompanying base prospectus can be obtained from the SEC's website at http://www.sec.gov or
by contacting RBC Capital Markets Corporation at Three World Financial Center,
200 Vesey Street, 8th Floor, New York, NY 10281-8098, Attention: Equity
Syndicate, (212) 428-6670.
About
interCLICK
interCLICK,
Inc. (NASDAQ: ICLK) provides a transparent platform enabling digital advertisers
and agencies to maximize return on investment at unprecedented scale.
interCLICK’s platform applies traditional supply chain methodologies leveraging
premium publisher inventory and third party data sources to maximize the
effectiveness along the online advertising value chain.
|
NEW
YORK
|
CHICAGO
|
LOS
ANGELES
|
SAN
FRANCISCO
|
WEST
PALM BEACH
|
contact
us. Phone: 646.722.6260 Fax: 646.304.6875 email: info@interclick.com or visit us
online at www.interclick.com
Page 1 of
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Cautionary
Note Regarding Forward-looking Statements
This
press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 (the “Act”) including our
intended use of proceeds from the offering. Additionally, words such as “seek,”
“intend,” “believe,” “plan,” “estimate,” “expect,” “anticipate” and other
similar expressions are forward-looking statements within the meaning of the
Act. Some or all of the events or results anticipated by these forward-looking
statements may not occur. Factors that could cause or contribute to such
differences include the impact of intense competition, the continuation or
worsening of current economic conditions, and changes relating to Internet
advertising. Further information on interCLICK’s risk factors is
contained in its filings with the Securities and Exchange Commission, including
our registration statement on Form S-3, as amended, which was declared effective
on November 30, 2009 and the prospectus supplement dated December 15, 2009.
interCLICK does not undertake any duty nor does it intend to update the results
of these forward-looking statements.
Company
Contact
Roger
Clark, CFO
(646)
395-1776
roger.clark@interclick.com
Institutional
Investor Relations Contact
Andy
Graves
Seacliff
Consulting LLC
(415)
578-4078
agraves@seacliffllc.com
* * *
|
NEW
YORK
|
CHICAGO
|
LOS
ANGELES
|
SAN
FRANCISCO
|
WEST
PALM BEACH
|
contact
us. Phone: 646.722.6260 Fax: 646.304.6875 email: info@interclick.com or visit us
online at www.interclick.com
Page 2 of
2