| Ticker: DYMX | 2630 Skymark Avenue, Suite 610 | |
| Exchange: NASDAQ-National Market | Mississauga, Foreign L4W 5A4 | |
| Industry: Transportation | (905) 238-6414 |
| Type of Shares: | Common Shares | Filing Date: | 6/6/96 | |
| U.S. Shares: | 2,600,000 | Offer Date: | 8/13/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 2,600,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.56 | |
| Offering Amount: | $28,600,000 | Selling: | $0.30 | |
| Expenses: | $800,000 | Reallowance: | $0.10 | |
| Shares Out After: | 6,309,630 |
| Manager | Tier | Phone |
| William Blair & Company | Lead Manager | (312) 236-1600 |
| Hoak Securities, Inc. | Co-manager |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 7/31/95 | 4/30/96 | 4/3/95 | 4/30/96 | ||
| Revenue: | $99.51 | $50.02 | $11.35 | Assets: | $32.99 |
| Net Income: | $0.92 | $0.39 | -$1.43 | Liabilities: | $27.33 |
| EPS: | $0.22 | $0.10 | -$0.85 | Equity: | $5.66 |
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 leading provider of same-day delivery and logistics services in the U.S. and Canada. Through internal growth and acquisitions, the company has built the only national network of same-day delivery and logistics systems in Canada and has established operations in 10 U.S. metropolitan areas from which it intends to build a national network in the U.S. The company capitalizes on its routing, dispatch and vehicle management expertise developed in the ground courier business to provide its customers with a broad range of value added, same-day distribution and logistics services. Through its network of branch offices, the company provides same-day, door-to-door delivery services utilizing ground couriers for intra-city deliveries. The company also offers fleet management services, whereby the company assumes complete responsibility for providing and managing a fleet of dedicated vehicles and a customer site. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay substantially all outstanding indebtedness and to pay a portion of the consideration for the acquisitions. |
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