| Ticker: AMTK | 5915 Rodeo Road | |
| Exchange: NASDAQ-Small Cap Market | Los Angeles, California 90016 | |
| Industry: Manufacturing | (310) 841-5200 |
| Type of Shares: | Common Shares | Filing Date: | 5/6/96 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 6/27/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $5.00 - $6.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $5.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $11,000,000 | Selling: | $0.25 | |
| Expenses: | $940,000 | Reallowance: | $0.10 | |
| Shares Out After: | 3,541,908 |
| Manager | Tier | Phone |
| H.J. Meyers & Company, Incorporated | Lead Manager | (310) 278-7880 |
| M.S. Farrell & Company, Inc. | Co-manager | (212) 495-5100 |
| Auditor: Feldman Radin & Co. | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $15.92 | $5.25 | $4.02 | Assets: | $10.15 |
| Net Income: | -$1.36 | $0.25 | -$0.14 | Liabilities: | $9.97 |
| EPS: | -$0.41 | $0.13 | 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 was formed in March 1995 to acquire and manage businesses in the advanced materials and technologies industries. In December 1995, the company acquired Structural Polymer Systems, Inc., from a subsidiary of Montedison S.p.A., an Italian multinational conglomerate. The company manufactures and sells advanced composites, which are a combination of high performance reinforcement fabrics or fibers and a plastic resin. The company sells its products to the following markets: aerospace, including transportation and communications; defense ; and recreation. Major customers include: The Boeing Company, General Electric Company, Lockheed Martin Corporation, McDonnell Douglas Corporation, de Havilland Inc., the Aerojet division of GenCorp Inc., and Daimler-Benz AG. |
| Use of Proceeds |
| The proceeds from the offering will be used for debt payment, business opportunities (including acquisitions), equipment purchases, working capital and other general corporate purposes. |
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