| O'Boisie Corporation, The | |||
| Proposed Ticker: | TATOS | 1111 West 22nd Street, Suite 640 | |
| Exchange: | NASDAQ-Small Cap Market | Oak Brook, IL 60521 | |
| Industry: | Manufacturing (SIC Code 2096) | (630) 575-0290 | |
| Type of Shares: | Common Shares | Filing Date: | 5/30/97 | |
| U.S. Shares Filed: | 1,250,000 | Filing Range: | $6.00 - $8.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $8,750,000 | |
| Primary Shares: | 1,250,000 | Expenses: | $1,000,000 | |
| Secondary Shares: | 0 | Shares Out After: | 2,750,000 |
| Manager | Tier | Phone |
| National Securities Corp. | Lead Manager | (800) 800-9217 |
| Issuer's Law Firm: | Hogan, Marren & McCahill, Ltd. |
| Bank's Law Firm: | Camhy Karlinsky & Stein |
| Auditor: | BDO Seidman |
| Registrar/Transfer Agent: | LaSalle National Trust, N.A. |
Dollar amounts in U.S. millions except for per share data | |||||
| 7 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 2/24/96 | 2/22/97 | 2/22/97 | |||
| Revenue: | $2.39 | $6.07 | Assets: | $12.94 | |
| Net Income: | -$0.32 | -$1.95 | Curr Assets: | ||
| EPS: | -$0.22 | -$1.30 | Liabilities: | $17.15 | |
| Prior EPS: | -$3.89 | -$2.13 | Curr Liabilities: | ||
| Cash Flow/Oper: | -$1.84 | Equity: | -$4.21 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company manufactures and markets a broad line of brand name salty snack food products. The company was formed in January 1996 for the purpose of acquiring certain of the assets, and assuming certain of the liabilities, of the salty snack food business formerly conducted as part of a division of the Keebler Company, including a 140,000 square foot manufacturing facility in Bluffton, Indiana. The company is in the process of establishing national presence for its branded products, many of which the company believes have maintained strong consumer awareness during the transition from Keebler to O'Boise. The company's products are sold in vending machines, regional supermarket chains, club stores, regional restaurants, convenience stores and institutional outlets. Major customers include Kroger's, Dominick's, Cub Foods, Meijers, Wal-Mart and Vend Society of America. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness, including indebtedness to an employee and shareholder of the company, marketing expenses to acquire shelf space for its products in an expanded array of retail establishments and other general corporate purposes including possible pursuit of acquisition opportunities. |