| Ticker: MLMI | 750 Dawson Drive | |
| Exchange: NASDAQ-Small Cap Market | Newark, Delaware 19713 | |
| Industry: High-Tech | (302) 368-9990 |
| Type of Shares: | Common Shares | Filing Date: | 3/8/96 | |
| U.S. Shares: | 1,020,000 | Offer Date: | 5/23/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $5.50 - $6.00 | |
| Primary Shares: | 1,020,000 | Offer Price: | $5.70 | |
| Secondary Shares: | 0 | Gross Spread: | $0.57 | |
| Offering Amount: | $5,865,000 | Selling: | $0.28 | |
| Expenses: | $777,000 | Reallowance: | ||
| Shares Out After: | 3,776,667 |
| Manager | Tier | Phone |
| First Colonial Securities Group, Inc. | Lead Manager | (609) 596-2424 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $5.01 | $1.13 | $0.56 | Assets: | $5.72 |
| Net Income: | $0.10 | -$0.37 | -$0.41 | Liabilities: | $5.55 |
| EPS: | $0.02 | -$0.13 | -$0.09 | Equity: | $0.17 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Microleague Multimedia, Inc. is a brand-oriented publisher of interactive multimedia computer software for the entertainment, lifestyle and education segments of the personal computer software market. The Company publishes its products under four brand names: MicroLeague(R) Sports, APBA(R), Ablesoft(TR), and General Admission(TR). The Company currently sells over 50 titles (of which approximately 25 titles are products licensed from other software companies) in its existing product lines, and is developing eight additional titles. The titles under development include a Major League Baseball Players Association and Time, Inc. licensed product, Sports Illustrated(R) presents MicroLeague Baseball(R) 6.0, a football game with content licensed from National Football League Players Incorporated, a basketball game and a hockey game. The Company is currently engaged in negotiations with the National Basketball Players Association and the National Hockey League Players Association to obtain licenses with respect to the basketball and hockey games currently in development. The products in development include advanced technological features such as 3-D stadiums, motion captured 3-D players and "spatializer" sound in support of 32-bit accelerated graphics cards. Microleague(R) Sports' Blood Bowl received a 1995 Golden Triad Award as Best Strategy Game from Computer Game Review, a magazine in which the Company advertises. |
| Use of Proceeds |
| Proceeds from the offering will be used to repay bridge notes, repay bank debt, develop products, and for working capital and possible acquisitions of companies or computer publishing rights for products. |
©1996 IPO Data Systems, Inc. - All rights reserved.