Today Prosper filed a Form S-1 Registration Statement with the Securities and Exchange Commission. While this Registration Statement is processed, we are still in a quiet period.
We posted an announcement regarding our quiet period on October 16th, 2008. An extract of that announcement is below:
Prosper has started a process to register, with the appropriate securities authorities, promissory notes that may be offered and sold to lenders through our site in the future. A successful registration can take several months, but we assure you we will do our best to move forward as quickly as possible. Until this process is complete, we’re required to be in a quiet period and will be unable to respond to press, blogger or other inquiries about Prosper or the registration filing until it becomes effective.
As we continue to work closely with the securities authorities, we will be unable to respond to your questions and posts until our registration becomes effective.