Jupitermedia to Sell 4.2 Million Shares of Common Stock

Jupitermedia Corp. has filed a statement of intent with the Securities and Exchange Commission to sell 4.2 million shares of its stock. One million shares will be sold by unspecified stockholders, and 3.2 million will be put up for sale by the Darien, CT-based online information firm.

The company did not make public its plans for the revenue it will realize from the sale.