| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Chapman Holdings, Inc. |
| 401 East Pratt Street, Suite 2800, Baltimore, MD 21202 * (410) 625-9656 |
| The Company is an African-American owned and controlled full service securities brokerage and investment banking firm. Through its wholly-owned subsidiary, The Chapman Co., the Company is registered as a broker-dealer with the SEC and in 24 states. |
| Manager | Tier | Phone |
| The Chapman Co. | Lead Manager | (410) 625-9656 |
| NASSCM: | CMAN | Financial: | SIC 6211 | |
| Type of Shares: | Common Shares | Filing Date: | 12/30/97 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 2/23/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $7.00 - $9.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.00 | |
| Offering Amount: | $8,000,000 | Selling: | $0.00 | |
| Expenses: | $300,000 | Reallowance: | $0.00 | |
| Post-IPO Shares: | 2,989,235 | |||
| Employees: | 24 |
| Issuer's Law Firm: | Venable, Baetjer and Howard, LLP |
| Bank's Law Firm: | Venable, Baetjer and Howard, LLP |
| Registrar/Transfer Agent: | UMB Bank N.A. MO |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 10 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 10/31/97 | 10/31/96 | 10/31/97 | ||
| Revenue: | $2.89 | $2.54 | $1.98 | Assets: | $2.82 |
| Net Income: | $0.35 | $0.26 | $0.06 | Curr Assets: | |
| EPS: | $0.16 | $0.13 | $0.03 | Liabilities: | $1.59 |
| Prior EPS: | $0.09 | Curr Liab: | |||
| Cash Flow/Oper: | $0.24 | $0.01 | -$0.06 | Equity: | $1.23 |
| Cash Flow/Fin: | -$0.23 | -$0.22 | -$0.02 | Cash: | $0.44 |
| Cash Flow/Inv: | -$0.15 | -$0.02 | |||
| Competition |
| The Company encounters intense competition in all aspects of its securities business and competes directly with other securities firms, a significant number of which have greater capital and other resources. In addition to competition from firms currently in the securities business, there has recently been increasing competition from other sources, such as commercial banks and insurance companies offering financial services, and from other investment alternatives. The Company believes that the principal factors affecting competition in the securities industry are the quality and abilities of professional personnel, including their ability to effectuate a firm's commitments, and the quality, range and relative prices of services and products offered. Although the Company may expand the financial services it can render to its customers, it does not now offer as broad a range of financial services as national stock exchange member firms, commercial banks, insurance companies and others. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to increase its net capital, expand market-making and research efforts, expand its sales and marketing efforts and for general corporate purposes. |