| Ticker: TMQ | 355 River Oaks Parkway | |
| Exchange: American Stock Exchange | San Jose, California 95134 | |
| Industry: Manufacturing | (408) 577-1053 |
| Type of Shares: | Common Shares | Filing Date: | 1/16/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 3/19/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.98 | |
| Offering Amount: | $42,000,000 | Selling: | $0.58 | |
| Expenses: | $554,000 | Reallowance: | $0.10 | |
| Shares Out After: | 48,000,000 | |||
| Spin out parent firm: | Thermo Instrument Systems, Inc. | |||
| Manager | Tier | Phone |
| Natwest Securities Ltd | Lead Manager | (212) 602-4800 |
| Cazenove Inc. | Co-manager | (212) 747-1225 |
| Fahnestock & Co. Inc. | Co-manager | (212) 668-8000 |
| Lehman Brothers Incorporated | Co-manager | (212) 640-6129 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $241.91 | Assets: | $428.04 | ||
| Net Income: | $21.00 | Liabilities: | $200.30 | ||
| EPS: | $0.46 | Equity: | $227.74 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The Company develops, manufactures and sells mass spectrometers, liquid chromatographs and gas chromatographs. These analytical instruments are used in the quantitative and qualitative chemical analysis of organic and inorganic compounds at ultra-trace levels of detection. The Company's products are used primarily by pharmaceutical companies for drug research, testing and quality control; by environmental laboratories for testing water, air and soil samples for compliance with environmental regulations; by chemical companies for research and quality control; by manufacturers for testing in certain industrial applications, such as the manufacture of silicon chips, and for quality control; by food and beverage companies for quality control and to test for product contamination; and in forensic applications. Industry sources estimate that the total annual worldwide market for the Company's mass spectrometry business is approximately $600 million and for its chromatography business is approximately $2.0 billion. |
| Use of Proceeds |
| Proceeds from the proposed offering used for repayment of debt, and for working capital, capital expenditures and general corporate purposes. |
©1996 IPO Data Systems, Inc. - All rights reserved.