The offering consisted entirely of shares of NASDAQ's common stock offered by the NASD and certain other stockholders, who purchased such shares in the company's 2000 and 2001 private placements. Merrill Lynch & Co. and Credit Suisse First Boston acted as joint book-running managers and Citigroup, Morgan Stanley, Thomas Weisel Partners LLC and Sandler O'Neill & Partners, L.P. acted as co-managers. NASD has granted the underwriters an option to purchase up to an additional 2,586,980 shares of NASDAQ's common stock to cover over- allotments, if any, which the underwriters may exercise within 30 days of the date of the final prospectus. None of the shares were sold by NASDAQ or by its officers or other employees and NASDAQ will not receive any proceeds from the offering.
Additionally, NASDAQ applied for and was granted a common stock listing on The Nasdaq National Market, and will commence trading on the National Market under symbol NDAQ today.
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. The common stock offering is being made by means of a prospectus.
NASDAQ(R) is the largest electronic screen-based equity securities market
in the United States. With approximately 3,300 companies, it lists more
companies and, on average, trades more shares per day than any other U.S.
market. It is home to companies that are leaders across all areas of business
including technology, retail, communications, financial services,
transportation, media and biotechnology. NASDAQ is the primary market for
trading NASDAQ-listed stocks.
For more information about NASDAQ, visit the
NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom/.