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PROSPECTUS SUPPLEMENT
(To Prospectus, dated April 7, 2000)
VERTICALNET, INC.
2,095,550 Shares
Common Stock
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This document supplements the prospectus, dated April 7, 2000, relating
to resale by the selling shareholders identified in the prospectus, as
supplemented, of 2,095,550 shares of our common stock issued in connection with
our acquisitions of LabX Technologies, Inc., TextileWeb, Inc., GovCon, Inc. and
NECX Exchange LLC. This prospectus supplement is incorporated by reference into
the prospectus. On January 18, 2001, the last sale price of our common stock on
the Nasdaq National Market was $6.00 per share. Our common stock is traded under
the symbol "VERT."
The following table sets forth information, as of January 18, 2001,
regarding the selling shareholder listed below. The selling shareholder has not
had a material relationship with VerticalNet within the past three years other
than as a result of the ownership of our shares or other securities.
SHARES BENEFICIALLY
OWNED BEFORE SHARES OFFERED
NAME OFFERING HEREBY
--------------------- ------------------------- --------------------
Barry J. Friedman 61,200 61,200
The selling shareholder information set forth above replaces and
supersedes the information regarding Pride Consulting, LLC that was previously
filed and included in the "Selling Shareholders" section of the prospectus.
SEE "RISK FACTORS" BEGINNING ON PAGE 2 OF THE PROSPECTUS FOR A
DESCRIPTION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED BY PROSPECTIVE
INVESTORS.
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus. Any representation to the contrary is a
criminal offense.
The date of this prospectus supplement is January 19, 2001.
