| Ticker: YHOO | 635 Vaqueros Avenue | |
| Exchange: NASDAQ-National Market | Sunnyvale, California 94086 | |
| Industry: High-Tech | (408) 328-3300 |
| Type of Shares: | Common Shares | Filing Date: | 3/8/96 | |
| U.S. Shares: | 2,600,000 | Offer Date: | 4/11/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 2,600,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.91 | |
| Offering Amount: | $28,600,000 | Selling: | $0.48 | |
| Expenses: | $700,000 | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 504-4525 |
| Montgomery Securities | Co-manager | 4156272220 |
| Auditor: Price Waterhouse | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $1.36 | Assets: | $6.30 | ||
| Net Income: | -$0.68 | Liabilities: | $0.85 | ||
| EPS: | -$0.03 | Equity: | $5.45 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company offers a branded Internet navigational service that is among the most widely used guides to information and discovery on the World Wide Web. The company, one of the first comprehensive and popular navigational services for the Web, was developed and made available in 1994 by the company's founder, David Filo and Jerry Yang, while they were graduate students at Stanford University. The company believes that by providing an intuitive, context-based guide to Web content, the company has played a significant role in the development and growth in usage of the Web. As a result, the company believes that the company has achieved a strong, globally prominent brand presence among Web users and is one of the most visible and recognizable names generally associated with the Internet. According to an independent audit report, the company averaged in excess of 1 million user visits and 6 million page views per day in February 1996. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for general corporate purposes and for possible acquisitions or investments in businesses, products and technologies that are complementary to the company's. |
©1996 IPO Data Systems, Inc. - All rights reserved.