FAIRFAX,
VA, October 23, 2006 – ICF International
(Nasdaq: ICFI) announced today that the underwriters
of its initial public
offering of shares of its common stock, which began
trading on The Nasdaq Global Select Market on September
28, 2006, have fully exercised their overallotment
option to purchase an additional 700,500 shares. All
of the overallotment shares were sold by ICF. With
the exercise of the underwriters’ option,
the aggregate net proceeds to ICF of its offering were
approximately US$48.7 million.
UBS Securities LLC acted as sole book-running manager
for the offering, and Stifel, Nicolaus & Company,
Incorporated acted as joint lead manager for the offering.
William Blair & Company, L.L.C. and Jefferies Quarterdeck,
a division of Jefferies & Company, Inc., acted
as co-managers. A copy of the final prospectus related
to the offering may be obtained from UBS Investment
Bank, ECMG Syndicate Desk, 299 Park Avenue, New York,
NY 10171, or by contacting Stifel Nicolaus, Syndicate
Desk, 1 Financial Plaza, 501 North Broadway, St. Louis,
MO 63102.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities
in any state or jurisdiction in which the offer,
solicitation, or sale would be unlawful prior
to registration or qualification under the securities
laws of any such state or jurisdiction.
|
ICF International (Nasdaq: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 1,800 employees serve these clients worldwide. ICF’s Web site is http://www.icfi.com.
|
For Immediate Release
Contact: Douglas Beck
1.703.934.3820
|
|
