On February 08,1996, Affinity Technology Group, Inc. of Columbia, SC filed to offer 4,400,000 Common Shares on the NASDAQ-National Market at $14.000 to $16.000 through Salomon Brothers Inc. The company develops and markets electronic commerce technology that enable consumers to access financial services including applications and approvals of loans through a variety of platforms. The proceeds from the proposed offering will be used for general corporate purposes, including capital expenditures and working capital, marketing and potential acquisitions. After the offering, the company will have 27,110,000 shares outstanding.
On February 06,1996, American Aero-Med, Inc. of Wall Township, NJ (proposed ticker AAMI) filed to offer 2,000,000 Common Shares on the NASDAQ-National Market at $6.500 to $8.500 through H.J. Meyers & Company, Incorporated. The company provides medical transportation services, primarily through fixed wing air ambulance services. Proceeds from the proposed offering will be used to pay the cash portion of the acquisition price of three medical transport businesses, repay debt, and for capital expenditures and general corporate purposes including potential acquisitions. After the offering, the company will have 3,733,333 shares outstanding.
On February 08,1996, Ashton Technology Group, Inc. The of Columbia, MD (proposed ticker ASTN) filed to offer 1,750,000 Common Shares on the NASDAQ-Small Cap Market at $4.000 through First United Equities. The company is a developmental stage company that seeks to exploit commercial opportunities in electronic commerce. The proceeds from the proposed offering will be used to repay log term debt and senior promissory notes, to repay a note issued by the company to purchase treasury shares, investment in other companies, develop systems and for working capital and for general corporate purposes. After the offering, the company will have 6,840,000 shares outstanding.
On February 09,1996, Associates First Capital Corporation of Irving, TX (proposed ticker AFS) filed to offer Class A Common Shares on the New York Stock Exchange through Goldman, Sachs & Co. The company, a finance unit of Ford Motor Company is a diversified consumer and commercial finance organization which provides finance, leasing and related services to over 9.5 million consumers and 143,000 businesses in the U.S. and internationally. The proceeds from the proposed offering will be used to reduce short term indebtedness and general corporate purposes.
On February 06,1996, Belco Oil & Gas Corporation of New York, NY (proposed ticker BOG) filed to offer 5,000,000 Common Shares on the New York Stock Exchange at $16.000 to $18.000 through Goldman, Sachs & Co. The company explores for and produces oil and natural gas reserves and has operations in East Central Texas, Southwest Wyoming and Southern Oklahoma. The proceeds from the proposed offering will be used to repay debt under a credit facility, to fund capital expenditures, to increase working capital, for exploration and development and general corporate purposes. After the offering, the company will have 30,000,000 shares outstanding.
On February 06,1996, Excel Communications, Inc. of Dallas, TX filed to offer Common Shares on the New York Stock Exchange through Donaldson, Lufkin & Jenrette Securities Corp. The company is the nation's fourth largest domestic provider of residential long-distance telephone services. The company offers a variety of long distance, including residential service, commercial service, 800 service and calling cards. The proceeds from the proposed offering will be used for the development of a long distance network, corporate facilities and information systems, working capital and for general corporate purposes.
On February 06,1996, FemRx, Inc. of Sunnyvale, CA (proposed ticker FMRX) filed to offer 2,700,000 Common Shares on the NASDAQ-National Market at $11.000 to $13.000 through Robertson, Stephens & Company. The company manufactures products for diagnosis and treatment of gynecologic disorders. These tools allow surgeons to perform a less invasive surgery that is an alternative to the traditional hysterectomy for patients suffering from abnormal bleeding. The proceeds from the proposed offering will be used to fund sales and marketing, research and development and other general corporate purposes. After the offering, the company will have 8,378,752 shares outstanding. Expenses of the offering are expected to be $950,000
On February 06,1996, GalaGen, Inc. of Arden Hills, MN (proposed ticker GGEN) filed to offer 2,000,000 Common Shares on the NASDAQ-National Market at $11.000 to $13.000 through Montgomery Securities. The company is developing oral therapeutics to treat and prevent human gastrointestinal diseases. The company's polyclonal antibody products are derived from colostrum, the milk collected in the first few milkings of a diary cow after its calf is born. The proceeds from the proposed offering will be used for the funding of clinical trials, research and development activities, capital expenditures and lease expenses related to equipment, leasehold improvements, repayment of debt and other general corporate purposes.
On February 09,1996, Ion Laser Technology, Inc. of Salt Lake City, UT (proposed ticker ILT) filed to offer Common Shares on the NASDAQ-Small Cap Market at $5.000 through W.B. McKee Securities. The company manufactures argon, krypton and carbon dioxide lasers used in applications including the dental and medical industries. The proceeds from the proposed offering will be used to establish and promote laser teeth whitening facilities; purchase equipment, research and development, development ventires and for working capital. Expenses of the offering are expected to be $373,551
On February 09,1996, Katz Digital Technologies, Inc. of New York, NY (proposed ticker KATC) filed to offer 1,400,000 Common Shares on the NASDAQ-Small Cap Market at $5.000 through Whale Securities Company. The company provides digital prepress and digital short-run printing services to produce full color and black and white printed materials. The proceeds from the proposed offering will be used for the potential acquisition of other businesses, to lease and purchase equipment, expand its on-line services, for sales and marketing, to establish a digital photography studio and for repay debt. After the offering, the company will have 4,225,000 shares outstanding. Expenses of the offering are expected to be $700,000
On February 07,1996, Legacy Software, Inc. of Northridge, CA (proposed ticker LGCY) filed to offer 1,000,000 Common Shares on the NASDAQ-Small Cap Market at $5.000 to $7.000 through J.B. Oxford & Company. The company develops entertainment and educational software products for homes and schools. Proceeds from the proposed offering will be used to repay debt, pay consulting fees and for working capital and general corporate purposes. After the offering, the company will have 2,282,551 shares outstanding.
On February 05,1996, Lucent Technologies, Inc. of Murray Hill, NJ (proposed ticker NONE) filed to offer Common Shares on the New York Stock Exchange through Morgan Stanley & Co. Incorporated. Lucent Technologies Inc. is one of the world's leading designers, developers and manufacturers of telecommunications systems, software and products. Proceeds from the proposed offering will be used to repay debt and for general coporate purposes.
On February 07,1996, Modacad, Inc. of Los Angeles, CA (proposed ticker MODA) filed to offer 1,200,000 Common Shares on the NASDAQ-Small Cap Market at $5.000 through W.B. McKee Securities. The company designs virtual reality, rendering and modeling software for industrial design and retail customers primarily in the apparal, textile, home furnishings and home design industries. The proceeds from the proposed offering will be used for working capital, capital expenditures and other general corporate purposes and for stock repurchases and debt repayment. After the offering, the company will have 3,454,492 shares outstanding. Expenses of the offering are expected to be $630,360
On February 07,1996, Nicollet Process Engineering, Inc. of Minneapolis, MN (proposed ticker NPET) filed to offer 1,213,102 Common Shares on the NASDAQ-Small Cap Market at $4.250 to $4.750 through R.J. Steichen & Co. The company designs, manufactures, markets and supports software and hardware products and systems that allow manufacturers to improve product quality and reduce production costs at the host level and machine diagnostic tools for the die cast industry. Proceeds from the proposed offering will be used for sales and marketing, repayment of outstanding bridge loans and for general corporate purposes. After the offering, the company will have 2,930,330 shares outstanding. Expenses of the offering are expected to be $400,000
On February 09,1996, Praegitzer Industries, Inc. of Dallas, OR (proposed ticker PGTZ) filed to offer 3,000,000 Common Shares on the NASDAQ-National Market at $11.000 to $13.000 through Needham & Company. The company is involved in the design, quick-turnaround, pre-production and volume production of complex, rigid multilayer printed circuit boards. The proceeds from the proposed offering will be used for the repayment of debt, payment of dividends, working capital and other general corporate purposes. After the offering, the company will have 11,163,022 shares outstanding. Expenses of the offering are expected to be $600,000
On February 08,1996, Prism Solutions, Inc. of Sunnyvale, CA (proposed ticker PRZM) filed to offer 2,150,000 Common Shares on the NASDAQ-National Market at $8.000 to $10.000 through Alex. Brown & Sons Incorporated. The company designs, develops, markets and supports data warehouse management software products. The proceeds from the proposed offering will be used to repay debt and for general corporate purposes including working capital. After the offering, the company will have 12,842,990 shares outstanding. Expenses of the offering are expected to be $1,100,000
On February 07,1996, Profit Recovery Group International, Inc. of Atlanta, GA (proposed ticker PGRX) filed to offer 4,600,000 Common Shares on the NASDAQ-National Market at $10.000 to $12.000 through Robertson, Stephens & Company. The company is a provider of accounts payable and other audit recovery services to large retailers and other transaction-intensive companies. The company helps retailers find money they lose through overpayments to vendors for merchandise. The proceeds from the proposed offering will be used to repay debt, pay accumulated subchpater S shareholder and partership distributions and other general corporate purposes. After the offering, the company will have 17,621,152 shares outstanding. Expenses of the offering are expected to be $675,000
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