News

Technology News

Demand Media Files $250 Million Shelf Registration

Monday, August 27, 2012 5:01:00 AM PDT | VentureDeal

  Santa Monica, California  --  Demand Media (NYSE: DMD) announced that it has filed a $250 million shelf registration statement with the SEC.

Demand Media said that the company will not receive any proceeds from the sale of common stock by selling stockholders, which will be named in a prospectus supplement at a future date.

The shelf filing is intended to give the company flexibility to finance business opportunities as well as providing stockholders with additional liquidity.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.