"Red Hat, Inc. (NASDAQ-NM:RHAT) announced today the initial
public offering of its common stock on the Nasdaq National
Market under the trading symbol RHAT.
The initial public offering price of the 6,000,000 shares
offered by Red Hat was priced at $14.00 per share by the managing
underwriters led by Goldman, Sachs & Co., with Thomas Weisel
Partners LLC, Hambrecht & Quist LLC and E*OFFERING Corp. acting
as co-managers. The Company has granted the underwriters options to
purchase an aggregate of up to 900,000 additional ordinary shares
to cover over allotments, if any."