| Proposed Ticker: WWWW | 520 Third Street, Fourth Floor | |
| Exchange: NASDAQ-National Market | San Francisco, California 94107 | |
| Industry: Manufacturing | (415) 222-6200 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 5/30/96 | |
| U.S. Shares Filed: | 3,800,000 | Filing Range: | $12.00 - $14.00 | |
| Non-U.S. Shares Filed: | 950,000 | Offering Amount: | $61,750,000 | |
| Primary Shares: | 4,750,000 | Expenses: | $1,300,000 | |
| Secondary Shares: | 0 | Shs Out After: | 37,250,002 | |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $25.26 | $7.62 | $4.28 | Assets: | $9.15 |
| Net Income: | -$6.51 | -$3.36 | $2.42 | Liabilities: | $14.19 |
| EPS: | -$0.19 | -$0.10 | Equity: | -$5.03 | |
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 diversified media firm which publishes Wired, a magazine about computers, media and communications; and HotWired, a network of sites on the World Wide Web. Wired magazine and the Company's online content sites have award winning content and design that have attracted large and rapidly growing audiences with young, well-educated, affluent demographics that the Company believes are highly sought after by advertisers. The Company also believes that with its creative, research, technological, sales, and management expertise, and its established brands, it has created a platform from which to launch additional brands cross multiple media. In addition, the Company believes that its brands and media properties are well-positioned to capitalize on the expected growth in the use of the Internet and the Internet advertising market. Wired magazine was launched in January 1993 to cover the Digital Revolution, a term popularized by the Company to describe the profound changes caused by the convergence of the computer, media, and communications industries. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to repay debt and for general corporate purposes, including working capital, product development and international expansion. |
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