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April 17, 2006

aQuantive: The millions keep coming in

Posted by Kim Peterson at 11:39 AM

Seattle online marketing agency aQuantive has even more dough to roll in. In a filing today, aQuantive said it sold 1.125 million shares of its common stock when the underwriters of its recent public offering exercised an over-allotment option. That offering closed on March 15. The company now has $25.9 million more to play with, and the total net proceeds from the offering is now up to $198.3 million.

So what does a company like aQuantive do with all that cash?

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