The Nasdaq Stock Market, Inc. (NASDAQ)(Nasdaq: NDAQ), announced today the pricing of a common stock offering of 13,895,229 shares of NASDAQ's common stock at $40.00 per share.
The offering consists of 7,000,000 primary shares and 6,895,229 shares of NASDAQ's common stock offered by NASD and certain other stockholders who purchased such shares through the exercise of warrants they purchased in company's 2000 and 2001 private placements. Merrill Lynch & Co., JP Morgan, and Credit Suisse acted as joint book-running managers and Thomas Weisel Partners LLC, Citigroup, Friedman Billings Ramsey, Keefe, Bruyette & Woods, and Sandler O'Neill & Partners, L.P. acted as co-managers. NASDAQ and NASD have granted the underwriters an option to purchase up to an additional 2,084,284 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.
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 supplement. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of these securities.