Google IPO Auction to End Tonight
Google has requested that the U.S. Securities and Exchange Commission (SEC) declare the Google IPO registration statement effective at 4:00 p.m. Eastern Daylight Time on Tuesday, according to the Google IPO page: www.ipo.google.com. After an IPO registration statement is declared effective, the stock can be publicly traded.
According to Google, if potential Google investors have submitted a bid, they can access the current prospectus and carefully reconsider their bid(s). Bids may be accepted by the underwriters in as little as ONE HOUR after the notice of effectiveness of the registration statement is sent to Google IPO bidders. Bidders may withdraw their bid(s) by contacting their brokerage firm at any time until the notice of acceptance is sent to them. Please note that submitting a bid does not guarantee that one will be allocated shares in the offering, if it is completed.
Google’s IPO, which would be traded on the Nasdaq under the ticker symbol “GOOG,” is one of the most highly anticipated high-tech offerings in recent years. Google has set the price range at $108 to $135 per share.