This excerpt taken from the KNOT 8-K filed Nov 5, 2009.
This excerpt taken from the KNOT 8-K filed Aug 6, 2009.
This excerpt taken from the KNOT 8-K filed May 7, 2009.
This excerpt taken from the KNOT 8-K filed May 8, 2008.
This excerpt taken from the KNOT 10-Q filed Aug 14, 2006.
Private Placement of Common Stock
On July 10, 2006, we completed the sale of 2,750,000 shares of common stock to three institutional investors for gross proceeds of $50.2 million. The net proceeds after placement fees and other offering costs were approximately $47.6 million.
On July 25, 2006, we acquired the publishing business and related assets of OAM Solutions, Inc., the publisher of Lila Guides, local information guides for parents, for $2.0 million, which includes cash paid and liabilities assumed. Substantially all of the purchase price is expected to be allocated to intangible assets or goodwill.
Common Stock Offering
On August 10, 2006, we priced the Follow-On Offering for the sale of 2,000,000 shares of our common stock, at a public offering price per share of $16.00. When the public offering transaction closes, which is expected to occur on August 15, 2006, we will receive net proceeds of approximately $29.5 million after underwriting discounts and other expenses associated with the offering. As of August 14, 2006, the underwriters have not exercised their overallotment option. In the event the underwriters exercise their overallotment option in full, we will issue an additional 952,500 shares of common stock. We plan to use the proceeds of the Follow-On Offering to finance part of the cash portion of the purchase price pursuant to the Merger Agreement with WeddingChannel.
On August 11, 2006, the Company notified WeddingChannel that it will deliver the Primary Consideration to the WeddingChannel stockholders upon the closing of the Merger.