This excerpt taken from the COSI 10-K filed Mar 16, 2006.
Initial Public Offering
On November 22, 2002, we completed an initial public offering of our common stock, issuing 5,555,556 shares at $7.00 per share. Concurrently, all outstanding shares of Series A and Series C preferred stock were converted to common stock, and all of our outstanding obligations under our Senior Subordinated and Senior Secured Debt agreements were repaid. The total net proceeds of the offering, net of offering expenses of approximately $6.1 million including underwriters discount were approximately $32.8 million.