| Ticker: SPLK | One Main Street S.E. | |
| Exchange: NASDAQ-Small Cap Market | Minneapolis, Minnesota 55414 | |
| Industry: High-Tech | (612) 362-8000 |
| Type of Shares: | Common Shares | Filing Date: | 3/5/96 | |
| U.S. Shares: | 1,900,000 | Offer Date: | 4/29/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $4.00 | |
| Primary Shares: | 1,900,000 | Offer Price: | $4.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.36 | |
| Offering Amount: | $7,600,000 | Selling: | $0.22 | |
| Expenses: | $376,000 | Reallowance: | $0.00 | |
| Shares Out After: | 4,795,500 |
| Manager | Tier | Phone |
| Summit Investment Corporation | Lead Manager | (612) 338-1400 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $4.34 | Assets: | $1.60 | ||
| Net Income: | $0.11 | Liabilities: | $1.78 | ||
| EPS: | $0.04 | Equity: | -$0.18 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company design, develops and markets interactive computer telecommunications software and services that effectively and efficiently link business computer systems, telecommunications systems and the Internet. The company is shifting its focus from developing custom software for interactive communications systems to developing configurable software packages. These packages can be configured to meet the needs of particular customers or markets without modifying the underlying computer programming. The company's software employs touch tone or speech recognition to allow consumers to use a telephone, rather than a company sales or service agent, to bank by phone, place a catalog order, temporarily suspend newspaper deliveries, obtain up-to-date stock quotes, check on airline arrivals and departures and provide callers alternatives to waiting on hold. In addition, one of the company's products can facilitate telephone communication between a user of the Internet's World Wide Web and a company's sales and service agents. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain liabilities and for capital expenditures, sales and marketing activities, research and development and working capital. |
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