PROSPECTUS SUPPLEMENT Filed Pursuant to Rule 424(b)(3)
(To prospectus dated July 9, 1999)
Siebert Financial Corp.
600,000 Shares of Common Stock
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This document supplements the prospectus dated July 9, 1999 relating to the
sale of 600,000 shares of our common stock. We are not selling any shares; the
stockholders named in the prospectus are offering their shares. This prospectus
supplement is incorporated by reference into the prospectus.
Beginning August 11, 1999, our common stock began trading on the Nasdaq
National Market. Our common stock previously was traded on the Nasdaq SmallCap
system.
Our Nasdaq National Market Trading Symbol - SIEB
Closing Price (August 12, 1999): $19.25
Each of the selling stockholders named in the prospectus, have transferred
200 shares to Anthony Coletti. This supplement amends the table on page 17 of
the prospectus to amend the amount of securities held by each selling
stockholder and to add Anthony Coletti as a selling stockholder owning, and
offering hereby, a total of 1,200 shares of our common stock, as described on
the following page.
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See "Risk Factors," which begins of page 5 of the accompanying prospectus,
for certain information that should be considered by prospective investors.
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Neither the Securities and Exchange Commission nor any state securities
commission has determined whether this prospectus is truthful or complete. Nor
have they made, nor will they make, any determination as to whether anyone
should buy these securities. Any representation to the contrary is a criminal
offense.
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The date of this prospectus supplement is August 13, 1999.
<PAGE>
Number of shares Number of shares
of common stock Number of shares of common stock
beneficially owned of common stock beneficially owned
Selling Shareholder prior to offering being registered after offering (1)
- ------------------- ----------------- ---------------- ------------------
Joseph Costello 106,862 106,862 0
Angelo Guerriero 106,862 106,862 0
James Horgan 106,862 106,862 0
Gene R. McHam 64,490 64,490 0
Matthew Shalloo 106,862 106,862 0
Peter Sosnowski 106,862 106,862 0
Anthony Coletti 1,200 1,200 0
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(1) Assumes that all shares offered by each selling shareholder are sold in
this offering.
