| Scheid Vineyards, Inc. | |||
| Ticker: | SVIN | 13470 Washington Blvd., Suite 300 | |
| Exchange: | NASDAQ-National Market | Marina del Rey, CA 90292 | |
| Industry: | Agricultural (SIC Code 0172) | (310) 301-1555 | |
| Type of Shares: | Class A Common Shares | Filing Date: | 5/28/97 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 7/25/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $10.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.75 | |
| Offering Amount: | $19,000,000 | Selling: | $0.42 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 6,400,000 |
| Manager | Tier | Phone |
| Cruttenden Roth Incorporated | Lead Manager | (800) 678-9147 |
| Laidlaw Equities, Inc. | Co-manager | (212) 376-8852 |
| Rodman & Renshaw, Inc. | Co-manager | (212) 416-7333 |
| Issuer's Law Firm: | Brobeck, Phleger & Harrison |
| Bank's Law Firm: | Gibson, Dunn & Crutcher |
| Auditor: | Deloitte & Touche |
| Registrar/Transfer Agent: | ChaseMellon Shareholder Services, L.L.C. |
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: | $11.69 | $0.35 | $0.21 | Assets: | $25.58 |
| Net Income: | $2.33 | -$0.28 | -$0.34 | Curr Assets: | |
| EPS: | $0.53 | -$0.06 | -$0.08 | Liabilities: | $16.99 |
| Prior EPS: | $0.07 | -$4.86 | -$1.19 | Curr Liabilities: | |
| Cash Flow/Oper: | $4.46 | Equity: | $8.60 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading independent producer of premium varietal wine grapes. The company currently operates approximately 4,550 acres of wine grape vineyards. All of the properties operated are located in Monterey and San Benito Counties in California |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness, planting and development of new vineyards, potential acquisitions and working capital. |