| Ticker: TMF | 312 Walnut Street | |
| Exchange: American Stock Exchange | Cincinnati, Ohio 45202 | |
| Industry: Financial | (800) 320-2212 |
| Type of Shares: | Common Shares | Filing Date: | 5/20/96 | |
| U.S. Shares: | 1,525,000 | Offer Date: | 8/5/96 | |
| Non-U.S. Shares: | 0 | Filing Price: | $15.00 | |
| Primary Shares: | 1,525,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.90 | |
| Offering Amount: | $22,875,000 | Selling: | $0.54 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - | |||
| Type of fund: | Equity | |||
| Manager | Tier | Phone |
| Natwest Securities Ltd | Lead Manager | (212) 602-4800 |
| Cowen & Company | Co-manager | (212) 495-6000 |
| Fahnestock & Co. Inc. | Co-manager | (212) 668-8000 |
| First Albany Corporation | Co-manager | (800) 833-4168 |
| Lehman Brothers Incorporated | Co-manager | (212) 640-6129 |
| Smith Barney Inc. | Co-manager | (718) 921-8473 |
| Auditor: Not Available | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| Revenue: | Assets: | ||||
| Net Income: | Liabilities: | ||||
| EPS: | Equity: | ||||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a newly organized, non-diversified, closed end management investment company which will seek long-term capital appreciation by investing primarily in securities issued by subsidiaries of Thermo Electron Corp. and other related companies. Thermo Opportunity Fund, Inc. is a nondiversified, closed-end management investment company. The fund was incorporated under the laws of the State of Maryland on May 16, 1996 and has registered under the Investment Company Act of 1940, as amended. As a newly organized entity, the fund has no operating history. The fund invests primarily in securities issued directly by direct and indirect subsidiaries of Thermo Electron Corporation, a New York Stock Exchange-listed company with a market capitalization exceeding $5 billion. Over the past 13 years, Thermo Electron has engaged in a strategy of selling to the public minority interests in operating divisions to raise money, among other reasons, to finance research and development activities. |
| Use of Proceeds |
| The proceeds from the proposed offering will be invested in accordance with the fund's investment objective and policies. |
©1996 IPO Data Systems, Inc. - All rights reserved.