Home / Knowledge / News / Fashion / dELiA*s Inc to trade on Nasdaq

dELiA*s Inc to trade on Nasdaq

Dec '05
dELiA*s Inc, direct advertising and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19, announced that the Securities and Exchange Commission declared effective on December 29, 2005 the Post-Effective Amendment to its Registration Statement on Form S-1.

The Post-Effective Amendment relates to the subscription rights, and shares of common stock underlying the subscription rights, to be offered to the Company's stockholders in its previously announced $20 million rights offering.

The Company expects that its common stock will trade ex-rights on the Nasdaq National Market beginning on December 30, 2005.

Upon the commencement of ex-rights trading in dELiA*s' common stock, the dELiA*s Inc rights will also be listed for trading on the Nasdaq National Market under the ticker symbol "DLIAR," though an active trading market in the rights may not commence.

Delivery of rights certificates will be mailed starting on or about January 3, 2006.

In the rights offering, dELiA*s shareholders of record as of 5:00 p.m. on December 28, 2005 will receive at no charge 0.11533 of a subscription right for each share of dELiA*s common stock held.

Each whole right will entitle the rights holder to purchase one share of common stock for $7.43 per share. The rights will expire, if not exercised, at 5:00 p.m. New York City time, on January 27, 2006, unless extended by dELiA*s.

A written prospectus may be obtained from Edward Taffet, General Counsel of dELiA*s. Mr. Taffet can be reached at 435 Hudson Street, New York, New York 10014, telephone (212) 807-9060 or by email at spinoff@delias.com.

dELiA*s Inc is a direct selling and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19. Its brands -- dELiA*s, Alloy and CCS -- generate revenue by selling apparel, accessories, footwear, room furnishings and action sports equipment predominantly to teenage consumers through direct mail catalogs, websites and, for dELiA*s, mall-based specialty retail stores.

dELiA*s Inc

Must ReadView All

Pic: Shutterstock

Retail | On 5th Mar 2021

Walmart commits $350 bn to US manufacturing in next 10 years

Walmart has announced a strengthened commitment to US jobs and...

Pic: Shutterstock

Retail | On 5th Mar 2021

Primark may take £1.1-bn sales hit from store closures in

Associated British Foods expects to incur a sales loss during store...

UK Chancellor of the Exchequer Rishi Sunak. Pic: GOV.UK

Textiles | On 4th Mar 2021

More support measures for workers, businesses announced in

British chancellor of the treasury Rishi Sunak recently announced...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The new deal is better than NAFTA for the US textile industry

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Anupam Chakrabarty,

Anupam Chakrabarty

Headquartered in Finland, Helsinki, Lindström Group is a textile rental...

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

February 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search