Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
AlphaSmart announces Initial Public Offering
Posted on 7-Feb-2004 11:08. | Tags Filed under: News.

AlphaSmart is running an IPO and its initial public offering of 4.4 million shares of common stock was priced at US$6.00 per share. AlphaSmart has agreed to sell 4.0 million shares and selling stockholders have agreed to sell 400,000 shares. Summit Partners, a private equity and venture capital firm, is one of the selling stockholders. The shares will be listed on the Nasdaq National Market under the symbol ALSM and will begin trading today. In addition, the underwriters will have a 30-day option to purchase up to 660,000 shares of common stock from selling stockholders to cover any over-allotments.

AlphaSmart is a provider of technology solutions for the education market. AlphaSmart's portable computer-companion products are used by students in 7,500 U.S. school districts to enhance writing, keyboarding and comprehension. Based in Los Gatos, California, AlphaSmart was founded in 1992 by former Apple engineers.

Read our review of Dana by Alphasmart, a Palm OS based computer.

More information:

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Street Harassment - I'm looking at you Max Key
Created by gzt, last reply by Geektastic on 29-Oct-2016 08:51 (86 replies)
Pages... 4 5 6

Gigabit cable now available
Created by sub, last reply by CableGuyChch on 29-Oct-2016 08:54 (268 replies)
Pages... 16 17 18

Parking Breach Notices
Created by cisconz, last reply by wasabi2k on 28-Oct-2016 15:28 (19 replies)
Pages... 2

RNZAF Boeing 757 breaks down when carrying PM. RNZAF must have an atrocious dispatch reliability figure.
Created by amiga500, last reply by frankv on 28-Oct-2016 13:21 (91 replies)
Pages... 5 6 7

The Quest for the Holy Grail - aka VDSL
Created by cynnicallemon, last reply by cynnicallemon on 28-Oct-2016 22:42 (17 replies)
Pages... 2

New MacBook Pro
Created by ajobbins, last reply by JoshWright on 28-Oct-2016 18:27 (17 replies)
Pages... 2

Is it me, or have Trade Me prices increased?!
Created by Geektastic, last reply by mattwnz on 27-Oct-2016 14:58 (32 replies)
Pages... 2 3

Disagreement with tradesman over invoice - escalation path
Created by timmmay, last reply by dejadeadnz on 28-Oct-2016 22:19 (31 replies)
Pages... 2 3