May 09, 2006
Vonage Offers Its Shares to Its Customers
Vonage wants its customers to push its IPO. The company is offering an unconventional preferred share purchase program to the current and previous users of its VoIP service. The customers can buy between 100 and 5,000 shares in the company at prices between $16 and $18 a share.
Customers who signed up for its VoIP service before mid December, 2005 and remained with the company through February 1 would be eligible for the offering. They are required to be an American citizen and resident but are not required to be a current Vonage customer.
Via voip-weblog
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