| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Ambient Corporation |
| Jerusalem Technological Park on Building One, Malha Jerusalem, Israel * 91460 |
| The company was founded in June 1996 to design and develop advanced smart card interface technology. |
| Manager | Tier | Phone |
| Roan Capital Partners, L.P. | Lead Manager |
| OTC: | ABTG | High-Tech: | SIC 3674 | |
| Type of Shares: | Common Shares | Filing Date: | 11/12/97 | |
| U.S. Shares: | 525,000 | Offer Date: | 2/12/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $8.00 | |
| Primary Shares: | 525,000 | Offer Price: | $8.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.80 | |
| Offering Amount: | $4,200,000 | Selling: | $0.40 | |
| Expenses: | $571,000 | Reallowance: | $0.00 | |
| Post-IPO Shares: | 2,984,333 |
| Issuer's Law Firm: | Baer Marks & Upham |
| Bank's Law Firm: | Bernstein & Wasserman |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | Assets: | $0.34 | |||
| Net Income: | -$0.69 | -$0.84 | -$0.56 | Curr Assets: | $0.15 |
| EPS: | -$0.32 | -$0.36 | -$0.27 | Liabilities: | $1.53 |
| Prior EPS: | Curr Liab: | $0.25 | |||
| Cash Flow/Oper: | -$0.58 | -$0.53 | -$0.45 | Equity: | -$1.19 |
| Cash Flow/Fin: | $0.90 | $0.88 | -$0.47 | Cash: | $0.10 |
| Cash Flow/Inv: | -$0.22 | -$0.18 | -$0.03 | Working Cap: | -$0.09 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness, research and development, marketing, the purchase of capital equipment, renting of additional facilities and general corporate purposes. |
| Additional Underwriter Compensation |
| Warrant to purchase 52,500 shares/units at $52.50 per share/unit. |
| $100,000.00 consulting agreement for 2 year(s). |