According to a press release today, Google plans to ramp up to raise more capital. It says:
MOUNTAIN VIEW, Calif. – August 18, 2005 – Google Inc. (Nasdaq:
GOOG) announced today that it has filed a registration statement with
the Securities and Exchange Commission for a proposed public offering
by the company of 14,159,265 shares of Class A common stock.
For those who missed the initial offering and currently regret it, perhaps it will free up some more shares. What it will not do is drop the price so long as Google continues to perform so profitably.
