eChapman.com is planning an initial public offering of 3.3 million shares of common stock, representing a 20% interest in the company. In conjunction with the offering, Chapman Holdings Inc., Chapman Capital Management Holdings Inc. and Chapman Insurance Holdings Inc. have agreed to merge with eChapman.com. The Chapman Co. will manage the offering and then become a wholly owned subsidiary of eChapman.com, an online financial services company. eChapman.com is developing an online financial services site, combining the products of the aforementioned companies, which will be coupled with an online portal targeted at female, African-American, Hispanic-American and Asian-American investors, groups it refers to as domestic emerging markets. The Chapman Co. is the first, and currently the only, African-American controlled, publicly traded investment bank.