Ancestry.com & Shareholders to Offer 7,407,407 Shares of Common Stock at Between $12.50 and $14.50 Per Share

Ancestry.com is expected to go public this week. In checking out their prospectus, updated as of November 2, 2009, they will be offering 7,407,407 shares of common stock as soon as the registration statement filed with the Securities and Exchange Commission is effective. It looks to me like that could be at any time.

The following statement is made in the prospectus:
Ancestry.com Common Stock Ancestry.com Inc. is offering 4,074,074 shares of its common stock and the selling stockholders are offering 3,333,333 shares of common stock. We will not receive any proceeds from the sale of shares by the selling stockholders. This is our initial public offering and no public market currently exists for our shares. We anticipate that the initial public offering price of our common stock will be between $12.50 and $14.50 per share.

For more information, read the AP article in the San Francisco Examiner.

About Leland Meitzler

Leland K. Meitzler founded Heritage Quest in 1985, and has worked as Managing Editor of both Heritage Quest Magazine and The Genealogical Helper. He currently operates Family Roots Publishing Company (www.FamilyRootsPublishing.com), writes daily at GenealogyBlog.com, writes the weekly Genealogy Newsline, conducts the annual Salt Lake Christmas Tour to the Family History Library, and speaks nationally, having given over 2000 lectures since 1983.

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