The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from GlobeNewswire (a Nasdaq OMX company)

Xoom Announces Launch of Follow-On Offering

Monday, September 09, 2013

Xoom Announces Launch of Follow-On Offering

13:10 EDT Monday, September 09, 2013

SAN FRANCISCO, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq:XOOM), a leading digital money transfer provider, today announced the launch of a follow-on offering of 3,732,622 shares of its common stock. Of these, 2,300,000 shares will be offered by Xoom and 1,432,622 shares will be offered by selling stockholders. The underwriters will be granted a 30-day option to purchase up to an additional 559,893 shares of common stock from Xoom to cover over-allotments.

Barclays Capital Inc. and Needham & Company, LLC are acting as joint book-running managers for the offering, and Robert W. Baird & Co. and SunTrust Robinson Humphrey are acting as co-managers for the offering.

The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained from Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, email: Barclaysprospectus@broadridge.com, telephone: (888) 603-5847; or from Needham & Company, via telephone: (212) 371-8300, email: prospectus@needhamco.com, or standard mail at Needham & Company, LLC, 445 Park Avenue, New York, NY 10022, Attn: Prospectus Department.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. The registration statement may be accessed through the SEC's website at www.sec.gov.

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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

(xoom-f)

CONTACT: Gloria Lee
Director, Investor Relations
ir@xoom.com
Robin Carr
Director, Public Relations
pr@xoom.com

company logo

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections