Cogent Communications Group, Inc. Announces Proposed Common Stock Offering
23 5월 2005 - 11:28PM
PR Newswire (US)
Cogent Communications Group, Inc. Announces Proposed Common Stock
Offering WASHINGTON, May 23 /PRNewswire-FirstCall/ -- Cogent
Communications Group, Inc. (AMEX:COI), today announced that it
intends to raise $75 million through the sale of shares of common
stock in an underwritten public offering. The underwriters will
have an option to purchase up to an additional 15% of the shares
offered to cover over-allotments, if any. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020204/DCM032LOGO ) Lehman
Brothers is acting as the sole book-running manager, Thomas Weisel
Partners is acting as co-lead manager and CIBC World Markets and
Friedman Billings Ramsey are acting as co-managers. This press
release does not constitute an offer to sell or the solicitation of
an offer to buy any of the securities nor shall there be any sale
of these securities in any state in which such offer, solicitation,
or sale would be unlawful prior to registration or qualification
under the securities laws of such state. A registration statement
relating to these securities has been filed with the Securities and
Exchange Commission but has not yet become effective. These
securities may not be sold nor offers to buy be accepted prior to
the time the registration statement becomes effective. Copies of
the prospectus supplement and the accompanying prospectus can be
obtained from: Lehman Brothers Inc. c/o ADP Financial Services
Prospectus Fulfillment 1155 Long Island Avenue Edgewood, NY 11717
Thomas Weisel Partners LLC One Montgomery Tower One Montgomery
Street San Francisco, CA 94104 CIBC World Markets USE Prospectus
622 3rd Avenue, 9th Floor New York, NY 10017 Fax: 212-667-6303
Friedman Billings Ramsey 1001 Nineteenth Street North Arlington, VA
22209 About Cogent Communications Group, Inc. Cogent Communications
(AMEX:COI) is a multinational, Tier 1 facilities- based ISP that
specializes in providing businesses with high speed Internet access
and point-to-point transport services. Cogent's facilities-based,
all- optical IP network backbone spans 11 countries and provides IP
services in markets located in North America and Europe. Since
Cogent's inception, Cogent has exploited the benefits that IP
technology provides, building a network that enables Cogent to
offer large, dedicated bandwidth connections at highly competitive
prices. Network ownership also enables Cogent to offer superior
customer support through the ability to control service delivery
and network monitoring end-to-end. Cogent Communications is
headquartered at 1015 31st Street, NW, Washington, D.C. 20007.
Information in this release may involve expectations, beliefs,
plans, intentions or strategies regarding the future. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to Cogent Communications Group, Inc. as of
the date of the release, and we assume no obligation to update any
such forward-looking statement. The statements in this release are
not guarantees of future performance and actual results could
differ materially from our current expectations. Numerous factors
could cause or contribute to such differences. Some of the factors
and risks associated with our business are discussed in Cogent's
registration statements filed with the Securities and Exchange
Commission and in its other reports filed from time to time with
the SEC. http://www.newscom.com/cgi-bin/prnh/20020204/DCM032LOGO
http://photoarchive.ap.org/ DATASOURCE: Cogent Communications
Group, Inc. CONTACT: Public Relations: Jeff Henriksen,
+1-202-550-5493, , or Investor Relations: John Chang,
+1-202-295-4200, , both of Cogent Communications Group, Inc. Web
site: http://www.cogentco.com/
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