theglobe.com Files for IPO
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New York City-based online community provider theglobe.com, inc. today announced it filed for an initial public offering of up to $50 million in common stock with the Securities and Exchange Commission (SEC).
A Registration Statement concerning the IPO was filed with the SEC but it has yet to become effective.
A spokesperson from theglobe.com refused to comment about how the company plans to use the proceeds generated by the offering.