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09.26.2006 - DivX, Inc. Announces Exercise in Full of Underwriters' Over-Allotment Option



View DivX related news. SAN DIEGO, Calif.- September 26, 2006- DivX, Inc. (NASDAQ: DIVX) today announced that the underwriters of its previously announced initial public offering have exercised their 30-day over-allotment option and will purchase an additional 1,365,000 shares of common stock from the selling stockholders. The purchase price of the over-allotment shares is $16.00 per share. DivX will not receive any proceeds from the sales of shares of common stock by the selling stockholders.

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NID: 12569 / Submitted by: Sarrgon
Categories: File Editors and Viewers, Press Release, Video Applications
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