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Comstock Homebuilding Companies, Inc. Files S-1 for an
Initial Public Offering
RESTON, Va., Aug 13, 2004 /PRNewswire via COMTEX/ -- Comstock Homebuilding
Companies, Inc. has filed today with the Securities and Exchange Commission
a Form S-1 Registration Statement for a proposed Initial Public Offering of
its Class A common stock. Comstock is a production homebuilder that
develops, builds, and markets single family homes, townhouses, and
condominiums, as well as develop land for its home building operations.
Comstock currently operates in the Washington D.C. and Raleigh, North
Carolina markets, where the Company targets a diverse range of homebuyers.
The underwriting is being led by BB&T Capital Markets. All of the shares
being offered are being sold by the company and none of the existing
shareholders are planning to sell shares in the offering.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. 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 in which such
an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
When available, copies of the prospectus relating to the offering may be
obtained from the Prospectus Department of BB&T, 200 West Second Street,
Winston-Salem, NC 27101.
SOURCE Comstock Homebuilding Companies, Inc.
Al Black of Qorvis Communications, +1-703-744-7833,
ablack@qorvis.com, for Comstock
Homebuilding Companies, Inc.
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