| Ticker: PUCK | 100 Northeast Third Avenue, Second Floor | |
| Exchange: NASDAQ-National Market | Fort Lauderdale, Florida 33301 | |
| Industry: Service | (954) 768-1900 |
| Type of Shares: | Class A Common Shares | Filing Date: | 9/17/96 | |
| U.S. Shares: | 2,700,000 | Offer Date: | 11/13/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 2,700,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.70 | |
| Offering Amount: | $27,000,000 | Selling: | $0.42 | |
| Expenses: | $590,000 | Reallowance: | $0.10 | |
| Shares Out After: | 12,320,678 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 504-4525 |
| Raymond James & Associates, Inc. | Co-manager | (813) 573-8108 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/96 | 6/30/96 | ||||
| Revenue: | $33.01 | Assets: | $38.40 | ||
| Net Income: | -$25.48 | Liabilities: | $93.84 | ||
| EPS: | -$5.79 | Equity: | -$55.44 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company owns and operates the Florida Panthers, a professional hockey team of the National Hockey League, an unincorporated not-for-profit association, Arena Development. Arena Development is a Florida limited partnership formed for the purpose of developing a new multi-purpose, state-of-the-art sports and entertainment center in Broward County, Florida and Arena Operator, a Florida limited partnership formed for the purpose of managing and operating the Broward County Civic Arena. In addition, the company owns approximately 78% of the partnership interests in Decoma, a Florida limited partnership which operates the Miami Arena in which the Panthers currently play. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness and for working capital and for general corporate purposes. |
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