| Ticker: MOKA | 3259 NW 29th Avenue | |
| Exchange: NASDAQ-National Market | Portland, Oregon 97210 | |
| Industry: Retail | (503) 223-7714 |
| Type of Shares: | Common Shares | Filing Date: | 8/7/96 | |
| U.S. Shares: | 1,550,000 | Offer Date: | 9/25/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.50 - $10.50 | |
| Primary Shares: | 1,225,000 | Offer Price: | $9.00 | |
| Secondary Shares: | 325,000 | Gross Spread: | $0.63 | |
| Offering Amount: | $14,725,000 | Selling: | $0.36 | |
| Expenses: | $450,000 | Reallowance: | $0.10 | |
| Shares Out After: | 3,227,869 |
| Manager | Tier | Phone |
| Black & Company, Inc. | Lead Manager | (503) 248-9600 |
| Pacific Crest Securities Inc. | Co-manager | (503) 248-0721 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $11.26 | $5.88 | $5.25 | Assets: | $6.12 |
| Net Income: | $0.21 | $0.13 | $0.09 | Liabilities: | $1.42 |
| EPS: | $0.13 | $0.06 | $0.06 | Equity: | $4.70 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company sells coffee beverages, coffee beans, cookies, pastries, ice cream, shakes and coffee related merchandise. The company distributes its products through its company-owned retail stores that include neighborhood coffee houses, drive-through espresso bars, airport stores and specialty kiosks. The company believes it differentiates itself from other specialty coffee retailers by being more customer focused, by providing superior coffee and service and by being constantly innovative. The company believes its stores offer an atmosphere that welcomes customers in a friendly and inviting setting designed to encourage a feeling of customer "ownership" and provide a community focus that fosters brand recognition and consumer loyalty. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to open new stores as the company expands into new markets and for general corporate purposes including working capital. |
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