| Rambus, Inc. | |||
| (www.rambus.com) | |||
| Ticker: | RMBS | 2465 Latham Street | |
| Exchange: | NASDAQ-National Market | Mountain View, CA 94040 | |
| Industry: | High-Tech (SIC Code 3674) | (415) 903-3800 | |
| Type of Shares: | Common Shares | Filing Date: | 3/6/97 | |
| U.S. Shares: | 2,750,000 | Offer Date: | 5/13/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 2,750,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.84 | |
| Offering Amount: | $30,250,000 | Selling: | $0.50 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Morgan Stanley & Co. Incorporated | Lead Manager | (212) 761-5900 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Issuer's Law Firm: | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm: | Fenwick & West |
| Auditor: | Coopers & Lybrand |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/96 | 12/31/96 | 12/31/95 | 12/31/96 | ||
| Revenue: | $11.27 | $5.49 | $2.51 | Assets: | $18.70 |
| Net Income: | -$4.42 | $0.09 | -$1.13 | Curr Assets: | |
| EPS: | -$0.25 | $0.01 | Liabilities: | $30.36 | |
| Prior EPS: | $1.87 | -$1.04 | Curr Liabilities: | ||
| Cash Flow/Oper: | -$3.54 | Equity: | -$11.66 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company designs, develops, licenses and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of consumer electronics, computer systems and other electronic systems. The company licenses semiconductor companies to manufacture and sell memory and logic ICs incorporating Rambus interface technology and markets its solution to systems companies to encourage them to design Rambus interface technology into their products. The company's technology cost-effectively increases the data transfer rate or "memory bandwidth," allowing semiconductor memory devices to keep pace with faster generations of processors and controllers, and thus supports the accelerating data transfer requirements of multimedia and other high-bandwidth applications. The company has initially chosen to concentrate the application of its technology on the interface between logic ICs and memory devices because of the acute performance needs and the relevant market sizes. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes including working capital and capital expenditures. |