| Frost Hanna Capital Group, Inc. | |||
| Ticker: | FHAN | 7700 W. Camino Real, Suite 222 | |
| Exchange: | NASDAQ-National Market | Boca Raton, FL 33431 | |
| Industry: | Financial (SIC Code 6799) | (407) 367-1079 | |
| Type of Shares: | Common Shares | Filing Date: | 1/8/97 | |
| U.S. Shares: | 1,100,000 | Offer Date: | 10/16/97 | |
| Non-U.S. Shares: | 0 | Filing Price: | $6.00 | |
| Primary Shares: | 1,100,000 | Offer Price: | $6.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.54 | |
| Offering Amount: | $6,600,000 | Selling: | $0.36 | |
| Expenses: | - | Reallowance: | ||
| Shares Out After: | 3,192,000 |
| Manager | Tier | Phone |
| Community Investors Services | Lead Manager |
| Issuer's Law Firm: | Stearns Weaver Miller Weissler Alhandeff & Sitters |
| Bank's Law Firm: | Goldstein & Digioia, L.L.P. |
| Auditor: | Arthur Andersen |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| 10 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 11/30/96 | 11/30/96 | ||||
| Revenue: | $0.00 | Assets: | $0.16 | ||
| Net Income: | -$0.07 | Curr Assets: | |||
| EPS: | -$0.05 | Liabilities: | $0.08 | ||
| Prior EPS: | -$0.05 | Curr Liabilities: | |||
| Cash Flow/Oper: | Equity: | $0.07 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company was formed to seek to effect a merger, exchange of capital stock, asset acquisition or other similar business combination with an operating or development stage business. The business objective of the company is to seek to effect a Business Combination with an Acquired Business which the company believes has significant growth potential. The company will not engage in any substantive commercial business immediately following this Offering and for an indefinite period of time following this Offering. The company has no plan, proposal, agreement, understanding or arrangement to acquire or merge with any specific business or company, and the company has not identified any specific business or company for investigating and evaluation. The company intends to utilize cash, equity, debt or a combination thereof in effecting a Business Combination. As a result of, among other things, management's broad discretion with respect to the specific allocation of the Net Proceeds of this Offering, this Offering may be characterized as a "blank check" offering. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the implementation of a Business Combination. |