Fergie's Tech Blog

Vonage Reserves IPO Shares for Customers

Marguerite Reardon writes on C|Net News:

Internet telephony provider Vonage said Monday that it will set aside shares of common stock for eligible customers participating its initial public offering.

Customers must meet strict eligibility criteria to participate in the Directed Share Program, including the following: They opened accounts with Vonage on or prior to Dec. 15, 2005; maintained their accounts in good standing through Feb. 1, 2006; are U.S. citizens; reside in the U.S. when the offering closes; and have a valid Social Security number.

Vonage on Monday sent e-mails to its customers notifying them of the Directed Share Program and directing them to a Web site for more information.

posted by Fergie @ 5/08/2006 11:59:00 AM