NASDAQ Announces Exercise in Full of Underwriters' Over Allotment Option

Mar 3, 2006
NASDAQ Announces Exercise in Full of Underwriters' Over Allotment Option

NEW YORK, March 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Nasdaq Stock Market, Inc. (Nasdaq: NDAQ) today announced that the underwriters of its previously announced public offering have purchased an additional 2,084,284 shares of common stock, pursuant to the exercise of the over allotment option granted in connection with the initial offering, which closed on February 15, 2006. NASDAQ and the NASD contributed equally to the over-allotment option.

The completion of the offering, including the exercise of the of the over allotment option, resulted in the total sale of 15,979,513 shares, of which 8,042,142 shares were sold by NASDAQ and 7,937,371 shares were sold by selling shareholders, at a price of $40.00 per share. 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.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of these securities. Copies of the prospectus supplement relating to the offering can be obtained from The Nasdaq Stock Market, Inc., Investor Relations, One Liberty Plaza, New York, New York 10006, (212) 401-8700.

NASDAQ is the largest U.S. electronic stock market. With over 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at or the NASDAQ Newsroom at


Bethany Sherman of NASDAQ, +1-212-401-8714

Copyright (C) 2006 PR Newswire. All rights reserved.

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