| Ticker: STNRF | ||
| Exchange: NASDAQ-National Market | Nassau, Foreign | |
| Industry: Service |
| Type of Shares: | Common Shares | Filing Date: | 7/16/96 | |
| U.S. Shares: | 4,432,383 | Offer Date: | 11/13/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 4,432,383 | Offer Price: | $13.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.91 | |
| Offering Amount: | $53,188,596 | Selling: | $0.55 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 8,740,000 |
| Manager | Tier | Phone |
| Furman Selz Incorporated | Lead Manager | (212) 309-8200 |
| Raymond James & Associates, Inc. | Co-manager | (813) 573-8108 |
| 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 the leading provider of spa services and skin and hair care products on board cruise ships worldwide. The company strives to create an engaging and therapeutic environment where customers can receive body and facial treatments and hair styling comparable in quality to the finest land-based spas and salons. In addition, the company develops and markets premium priced, high quality personal care products which are sold primarily in connection with services the company provides and, to a lesser extent, through third party land-based salon and retail channels. As of October 1, 1996, the company served 90 cruise ships representing 26 cruise lines, including Carnival, Royal Caribbean, Princess, Norwegian, Celebrity and Cunard. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt and for capital expenditures and for working capital. |
©1996 IPO Data Systems, Inc. - All rights reserved.