IGN Entertainment Files Statement For Initial Public Offering
Brisbane, CA -- July 13, 2005 -- IGN Entertainment, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of shares of its common stock. IGN Entertainment is selling all of the shares in the proposed offering.
IGN Entertainment is the leading community-based Internet media and services company for video gaming. The company's properties include IGN.com, GameSpy, Rotten Tomatoes, AskMen.com, FilePlanet, Direct2Drive, TeamXbox, 3D Gamers, GameStats.com and a number of owned and affiliated web sites within its Planet and Vault networks.
Deutsche Bank Securities Inc. and Lehman Brothers Inc. will act as joint bookrunning managers of the offering and UBS Securities LLC and Jefferies Broadview, a division of Jefferies & Company, Inc., will serve as co-managers. The proposed offering will be made only by means of a prospectus. The number of shares to be sold in the proposed offering and the offering price have not yet been determined.
A preliminary prospectus relating to these securities is not currently available. When available, copies of the preliminary prospectus relating to this offering may be obtained from Deutsche Bank Securities Inc., 60 Wall Street, 4th Floor, New York, NY 10005, or Lehman Brothers Inc., c/o ADP Financial Services, Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state of jurisdiction.