| 3Dfx Interactive, Inc. | |||
| (www.3dfx.com) | |||
| Ticker: | TDFX | 4435 Fortran Drive | |
| Exchange: | NASDAQ-National Market | San Jose, CA 95134 | |
| Industry: | High-Tech (SIC Code 3674) | (408) 935-4400 | |
| Type of Shares: | Common Shares | Filing Date: | 4/17/97 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 6/25/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $11.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.77 | |
| Offering Amount: | $30,000,000 | Selling: | $0.44 | |
| Expenses: | $700,000 | Reallowance: | $0.10 | |
| Shares Out After: | 22,395,199 |
| Manager | Tier | Phone |
| Robertson, Stephens & Company | Lead Manager | (415) 989-8500 |
| Montgomery Securities | Co-manager | (415) 627-2100 |
| UBS Securities Inc. | Co-manager | (212) 821-4510 |
| Issuer's Law Firm: | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm: | Brobeck, Phleger & Harrison |
| Auditor: | Price Waterhouse |
| Registrar/Transfer Agent: | First National Bank of Boston |
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 | ||
| 12/31/96 | 3/31/97 | 3/31/96 | 3/31/97 | ||
| Revenue: | $6.39 | $5.25 | $0.00 | Assets: | $15.59 |
| Net Income: | -$14.75 | -$1.16 | -$2.65 | Curr Assets: | |
| EPS: | -$0.75 | -$0.06 | Liabilities: | $6.44 | |
| Prior EPS: | -$1.80 | -$2.10 | Curr Liabilities: | ||
| Cash Flow/Oper: | -$17.17 | Equity: | $9.15 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading developer of high performance, cost-effective 3D media processors, software and related technology for the interactive electronic entertainment market. The company has developed 3D technology that enables a highly immersive, interactive and realistic 3D experience across multiple hardware entertainment platforms. Furthermore, the company's technology facilitates the virtually seamless portability of software content across the three primary interactive electronic entertainment platforms: the PC, the home game console and the coin-operated arcade system. The company's strategy is to provide a 3D media processor solution that will become the standard graphics engine for the interactive electronic entertainment market. The company believes that the benefits of its technology, coupled with its software content strategy, provide powerful incentives for the leading PC original equipment manufacturers and entertainment hardware manufacturers to utilize the 3Dfx solution. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes, including expansion of sales and marketing and research and product development efforts and financing of accounts receivable and inventories, and for capital expenditures. |