| Ticker: | DPWR | 41920 Christy Street | |
| Exchange: | NASDAQ-Small Cap Market | Fremont, California 94538 | |
| Industry: | Manufacturing | (510) 657-2635 |
| Type of Shares: | Common Shares | Filing Date: | 10/16/96 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 12/17/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $4.00 | |
| Primary Shares: | 750,000 | Offer Price: | $4.00 | |
| Secondary Shares: | 250,000 | Gross Spread: | $0.40 | |
| Offering Amount: | $4,000,000 | Selling: | $0.20 | |
| Expenses: | $230,000 | Reallowance: | $0.10 | |
| Shares Out After: | 2,353,275 |
| Manager | Tier | Phone |
| Werbel-Roth Securities, Inc. | Lead Manager | (305) 486-1500 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $10.04 | $6.55 | $4.95 | Assets: | $5.44 |
| Net Income: | $1.10 | $0.34 | $0.24 | Liabilities: | $3.91 |
| EPS: | $0.66 | $0.20 | $0.15 | Equity: | $1.53 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Digital Power Corporation designs, develops, manufactures, and markets switching power supplies for sale to manufactures of computers and other electronic equipment. Switching power supplies are critical components of all computers and other electronic equipment. The electronic circuitry in computers and other electronic equipment requires a steady and isolated supply of direct current (DC) electrical power. In addition, the various components and subassemblies within computers and other electronic equipment often require different voltage levels of electrical power. The power supply products of the company satisfy these two requirements by converting the alternating current (AC) electricity from a primary source, such as a wall outlet, into the direct current required for the proper functioning of electronic circuits, and dividing the single electrical current into as many as four discrete output voltages. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness and general corporate purposes including product development, advertising, and working capital. |
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