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Article: ICF International Announces Full Exercise of Overallotment Option by Underwriters.
- Article from:
- Business Wire
- Article date:
- October 23, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FAIRFAX, Va. -- ICF International (Nasdaq: ICFI) announced today that the underwriters of its initial public offering of shares of its common stock, which began trading on The Nasdaq Global Select Market on September 28, 2006, have fully exercised their overallotment option to purchase an additional 700,500 shares. All of the overallotment shares were sold by ICF. With the exercise of the underwriters' option, the aggregate net proceeds to ICF of its offering were approximately US$48.7 million.
UBS Securities LLC acted as sole book-running manager for the offering, and Stifel, Nicolaus & Company, Incorporated acted as joint lead manager for the offering. William ...