NEW YORK, Aug. 21 /PRNewswire-FirstCall/ -- Dice Holdings, Inc. (NYSE:
DHX) today announced that on August 16, 2007, the underwriters of the
Company's recent initial public offering exercised their option to purchase
from certain selling stockholders 292,000 shares of the Company's common
stock. These 292,000 shares were purchased pursuant to the underwriters'
over-allotment option to purchase up to 2,505,000 shares of the Company's
common stock in the offering. The shares were purchased from the selling
stockholders at the initial public offering price of $13.00 per share less
the underwriting discount. Given that only a portion of the over-allotment
option was exercised, all of the 292,000 shares were sold by senior
management. The Company did not receive any proceeds from this transaction,
which closed today.
After giving effect to the exercise of the over-allotment option, the
Company and selling stockholders sold a total of 16,992,000 shares of
common stock in the offering, of which 6,700,000 shares were sold by the
Company.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co.
Incorporated acted as joint book-running managers of the offering and JP
Morgan Securities Inc., Lehman Brothers Inc. and Jefferies & Company, Inc.
acted as co-managers.
Copies of the prospectus related to the offering can be obtained from
the prospectus department of Credit Suisse, One Madison Avenue, New York,
NY, 10010 (telephone 212.325.2580) or by faxing requests to 212.325.8057 or
from Morgan Stanley, 180 Varick Street, New York, NY, 10014 or email
prospectus@morganstanley.com.
The registration statement relating to the initial public offering of
shares of common stock of the Company has been declared effective by the
Securities and Exchange Commission. This press release does not constitute
an offer to sell or a solicitation of an offer to buy the securities
described above, nor shall there be any sale of such shares of common stock
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 Dice Holdings, Inc.
Dice Holdings, Inc. is a leading provider of specialized career
websites for professional communities, including technology and
engineering, capital markets and financial services, accounting and
finance, and security clearance. Our mission is to help our customers
source and hire the most qualified professionals in select and highly
skilled occupations, and to help those professionals find the best job
opportunities in their respective fields and further their careers. Over
more than 16 years, we have built our company by providing our customers
with quick and easy access to high-quality, unique professional communities
and offering those communities access to highly relevant career
opportunities and information. Today, we serve multiple markets in North
America, Europe, the Middle East, Asia and Australia.
This press release contains forward-looking statements. You should not
place undue reliance on those statements because they are subject to
numerous uncertainties and factors relating to our operations and business
environment, all of which are difficult to predict and many of which are
beyond our control. Forward-looking statements include information
concerning our possible or assumed future results of operations, including
descriptions of our business strategy. These statements often include words
such as "may," "will," "should," "believe," "expect," "anticipate,"
"intend," "plan," "estimate" or similar expressions. These statements are
based on assumptions that we have made in light of our experience in the
industry as well as our perceptions of historical trends, current
conditions, expected future developments and other factors we believe are
appropriate under the circumstances. Although we believe that these
forward-looking statements are based on reasonable assumptions, you should
be aware that many factors could affect our actual financial results or
results of operations and could cause actual results to differ materially
from those in the forward-looking statements. These factors include, but
are not limited to, competition from existing and future competitors,
failure to maintain and develop our reputation and brand recognition,
failure to increase or maintain the number of customers who purchase
recruitment packages, cyclicality or downturns in the economy or industries
we serve, and the failure to attract qualified professionals or grow the
number of qualified professionals who use our websites. These factors and
others are discussed in more detail in the Company's filings with the
Securities and Exchange Commission, including our Registration Statement on
Form S-1, as amended, under the headings "Risk Factors," "Forward-Looking
Statements" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations."
You should keep in mind that any forward-looking statement made by us
herein, or elsewhere, speaks only as of the date on which we make it. New
risks and uncertainties come up from time to time, and it is impossible for
us to predict these events or how they may affect us. We have no obligation
to update any forward-looking statements after the date hereof, except as
required by federal securities laws.
SOURCE Dice Holdings, Inc.
 back to top
Related links:
http://www.diceholdingsinc.com/
CONTACT:
Investor Relations: Don Tomoff or Tom Ryan,
+1-212-448-4181, IR@dice.com; or Media Relations: Rich Layne or
Stephanie Sampiere, all of ICR, Inc., for Dice Holdings, Inc.
|
