| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| ATG, Inc. |
| 47375 Fremont Boulevard, Fremont, CA 94538 * (510) 490-3008 |
| The company is a radioactive and hazardous waste management company that offers comprehensive treatment solutions for the low level radioactive waste and low level mixed waste generated by the U.S. Department of Defense and U.S. Dept of Energy. |
| Manager | Tier | Phone |
| Van Kasper & Company | Lead Manager | (415) 954-0630 |
| NASNTL: | ATGC | Utilities: | SIC 4952 | |
| Type of Shares: | Common Shares | Filing Date: | 2/11/98 | |
| U.S. Shares: | 1,900,000 | Offer Date: | 5/6/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 1,900,000 | Offer Price: | $8.50 | |
| Secondary Shares: | 0 | Gross Spread: | $0.60 | |
| Offering Amount: | $17,100,000 | Selling: | $0.31 | |
| Expenses: | $1,000,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 13,215,896 | |||
| Employees: | 168 |
| Issuer's Law Firm: | Graham & James |
| Bank's Law Firm: | Heller, Ehrman, White & McAuliffe |
| Registrar/Transfer Agent: | Boston Equiserve Limited Partnership |
| Auditor: | Coopers & Lybrand |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $19.11 | Assets: | $37.23 | ||
| Net Income: | $1.02 | Curr Assets: | $12.50 | ||
| EPS: | $0.09 | Liabilities: | $36.93 | ||
| Prior EPS: | Curr Liab: | $10.85 | |||
| Cash Flow/Oper: | $1.02 | Equity: | $0.30 | ||
| Cash Flow/Fin: | $3.31 | Cash: | $2.59 | ||
| Cash Flow/Inv: | -$4.71 | Working Cap: | $1.65 | ||
| Competition |
| In general, the market for radioactive and hazardous waste management services is highly competitive. The Company faces competition in its principal current and planned business lines from both established domestic companies and foreign companies attempting to introduce European waste treatment technologies into the United States. Many of the Company's competitors have greater financial, managerial, technical and marketing resources than the Company. To the extent that competitors possess or develop superior or more cost-effective waste treatment solutions or field service capabilities, or otherwise possess or acquire competitive advantages compared to the Company, the Company's ability to compete effectively could be materially adversely affected. Any increase in the number of licensed commercial LLRW treatment facilities or disposal sites in the United States or any decrease in the treatment or disposal fees charged by such facilities or sites could increase the competition faced by the Company or reduce the competitive advantage of certain of the Company's treatment technologies. |
| Business Plan |
| To expand its business, the Company plans to (i) establish significant positions in certain emerging or underserved, higher-margin segments within the markets for treatment of LLRW, LLMW, hazardous and other waste, (ii) increase its participation on teams bidding for and executing large-scale, multi-year D&D; and environmental restoration contracts, and (iii) enhance its ability to provide on-site full-service solutions for D&D; and environmental restoration projects. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for capital expenditures, repayment of short-term indebtedness, and working capital and for general corporate purposes. |