FOR IMMEDIATE RELEASE
TheStreet.com, Inc. Announces Filing of Registration Statement With SEC for Initial Public Offering of Common Stock
NEW YORK, February 23, 1999
- TheStreet.com, Inc. ("
") today announced the filing of a registration statement with the Securities and Exchange Commission for an initial public offering of Common Stock.
Goldman, Sachs & Co. will act as the lead Underwriter of the offering. The other Underwriters of the offering are Hambrecht & Quist and Thomas Weisel Partners LLC. When publicly available, a copy of the prospectus contained in the registration statement may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004; from Hambrecht & Quist, One Bush Street, San Francisco, California 94104; or from Thomas Weisel Partners LLC, One Montgomery Street, San Francisco, California 94104.
www.thestreet.com), a leading online investment and financial news publication, was founded in 1996 and is based in New York City, with a bureau in San Francisco. The company's editorial team, with over 50 experienced financial journalists and two dozen outside contributors, publishes approximately 40 news stories and commentaries every business day, including popular daily columns by James J. Cramer and Herb Greenberg.
has established strategic alliances with Yahoo!, America Online, E*TRADE, 3Com, Intuit and other leading companies.
, Inc. publishes
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but is not yet effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy 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 any such State.
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