| Ticker: CNKT | 515 Ellis Street | |
| Exchange: NASDAQ-National Market | Mountain View, California 94043 | |
| Industry: High-Tech | (415) 254-4000 |
| Type of Shares: | Common Shares | Filing Date: | 6/13/96 | |
| U.S. Shares: | 2,400,000 | Offer Date: | 8/14/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 2,400,000 | Offer Price: | $6.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.42 | |
| Offering Amount: | $21,600,000 | Selling: | $0.22 | |
| Expenses: | $1,275,000 | Reallowance: | $0.10 | |
| Shares Out After: | 18,179,496 |
| Manager | Tier | Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 640-6129 |
| UBS Securities Inc. | Co-manager | (212) 230-4000 |
| Volpe, Welty & Company | Co-manager | (415) 956-8120 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $8.57 | $1.46 | $3.04 | Assets: | $16.38 |
| Net Income: | -$14.14 | -$5.07 | -$4.84 | Liabilities: | $7.17 |
| EPS: | -$0.79 | -$0.28 | -$0.27 | Equity: | $9.21 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company manufactures, develops, markets and supports industrial strength scalable application software for Internet based commerce. The Company's software and services are designed to reduce the time and overall cost for businesses to implement and maintain a secure sales, marketing and order capture capability on the World Wide Web. The Company's software support key functions necessary fro large-scale interactive commerce, including user registration, multimedia catalog and content management, dynamic merchandising, order capture and management, security, payment processing, enterprise integration and systems administration. In today's competitive global business environment, companies are seeking to streamline their business processes in order to lower costs, forge closer relationships with customers and suppliers an increase market share, revenue and profits. Traditional approaches to sales, marketing and order capture still rely heavily on human involvement, paper-based systems, physical infrastructure and costly advertisement and promotion. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used for working capital and general corporate purposes. |
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