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| Intellon Corporation Announces Pricing of Initial Public Offering |
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Intellon Corporation | Ocala, FL | December 13, 2007
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Intellon Corporation (Nasdaq:ITLN) announced today that its initial public offering of 7,500,000 shares of common stock has been priced at $6.00 per share, before underwriting discounts and commissions. In addition, Intellon has granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares to cover over-allotments, if any. All of the shares are being offered by Intellon.
The shares are scheduled to begin trading tomorrow on the NASDAQ Global Market under the trading symbol "ITLN."
The offering was made through an underwriting syndicate led by Deutsche Bank Securities Inc. who acted as book-running manager. Jefferies & Company, Piper Jaffray & Co. and Oppenheimer & Co. acted as co-managers.
The offering is being made only by means of a written prospectus, copies of which may be obtained from Deutsche Bank Securities Inc. by mail, Attn: Prospectus Department, 100 Plaza One, Floor 2, Jersey City, NJ 07311, by telephone at (800)-503-4611 or by email: prospectusrequest@list.db.com.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission earlier today. The public offering is being made by means of a prospectus which is included as a part of that registration statement. 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.
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Intellon Website
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