Blog Post

SEC Filings: Limelight; Dice; GoFish; Meredith

Some SEC filings you might want to have a closer look at this weekend:

— Limelight’s IPO made a relatively big debut Friday on Nasdaq. The company also filed its 424B4 form right before it IPO yesterday morning, whch has som good details on its lawsuit with Akamai, and other financial details. “During 2006 and in the three months ended March 31, 2007, we were unprofitable primarily due to an increase in our stock-based compensation and litigation expenses.”

— Dice, which filed for its IPO in April, filed an updated S-1 this week and some recent financial numbers. “For the fiscal year ended December 31, 2006 our historical net income was $6.8 million and, on a pro forma basis, we incurred a net loss of $200,000. As of March 31, 2007, we had $254.3 million of total intangible assets, of which $159.2 million was goodwill.” Also, it recent acquisitions and dispositions: “We acquired all of the outstanding stock of eFinancialGroup in exchange for a total of £56.5 million (or $106.3 million at the exchange rate in effect on October 31, 2006) in cash and 7,872 shares of our Series A convertible preferred stock valued at $25.2 million, net of cash acquired of $3.9 million. Immediately after the eFinancialGroup Acquisition, eFinancialNews was sold to a company controlled by a group of former eFinancialGroup stockholders for total consideration of £22.0 million (or $41.6 million at the exchange rate in effect on October 31, 2006), resulting in a net purchase price for eFinancialCareers Limited, or