| Nanophase Technologies Corporation | |||
| Proposed Ticker: | NTCO | 453 Commerce Street | |
| Exchange: | NASDAQ-National Market | Burr Ridge, IL 60521 | |
| Industry: | Manufacturing (SIC Code 3399) | (630) 323-1200 | |
| Type of Shares: | Common Shares | Filing Date: | 3/13/97 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $38,000,000 | |
| Primary Shares: | 0 | Expenses: | $500,000 | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Furman Selz Incorporated | Lead Manager | (212) 309-8285 |
| Gruntal & Co | Co-manager | (212) 225-4334 |
| Oppenheimer & Company, Inc. | Co-manager | (212) 667-7400 |
| Issuer's Law Firm: | Katten Muchin & Zavis |
| Bank's Law Firm: | Latham & Watkins |
| Auditor: | Ernst & Young |
| Registrar/Transfer Agent: | LaSalle National Trust, N.A. |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $0.09 | Assets: | $5.54 | ||
| Net Income: | -$1.96 | Curr Assets: | |||
| EPS: | Liabilities: | $0.43 | |||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | -$5.80 | Equity: | $5.11 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company develops and markets nanocrystalline materials for use as ingredients and components in a wide range of commercial applications. The company produces nanocrystalline materials in commercial quantities for selected applications. Nanocrystalline materials in commercial quantities for selected applications. Nanocrytalline materials are ceramic and metallic materials with particle sizes measured in nanometers, or billionths of a meter. By processing materials in this near-atomic size range, the company is able to engineer the structure of particles and exploit the properties of surface atoms to enhance the performance of basic raw materials such as aluminum, iron, titanium and zinc, as well as to molecularly engineer new composite materials. Compared to conventional materials, the company's nanocrystalline materials generally exhibit superior chemical, mechanical, electronic, magnetic and optical properties, and the company believes it has established a new standard for high-performance commercially produced nanocrystalline materials. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the expansion of manufacturing facilities, additional operating equipment, working capital and general corporate purposes. |