| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Global-Tech Appliances Inc. |
| Hong Kong |
| The company is a manufacturer of Sunbeam Corp. coffeemakers and other small appliances. |
| Manager | Tier | Phone |
| Furman Selz Incorporated | Lead Manager | (212) 309-8285 |
| CIBC Oppenheimer & Company | Co-manager | (212) 667-7400 |
| NYSE: | GAI | Manufacturing: | SIC 3631 | |
| Type of Shares: | Common Shares | Filing Date: | 3/13/98 | |
| U.S. Shares: | 4,200,000 | Offer Date: | 4/7/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $17.00 - $19.00 | |
| Primary Shares: | 4,200,000 | Offer Price: | $19.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.33 | |
| Offering Amount: | $75,600,000 | Selling: | $0.80 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Post-IPO Shares: | - |
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 | ||
| 12/31/97 | 12/31/96 | ||||
| Revenue: | $96.20 | $45.10 | Assets: | ||
| Net Income: | $11.90 | $3.90 | Curr Assets: | ||
| EPS: | $1.49 | $0.48 | Liabilities: | ||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | Equity: | ||||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to expand a factory in China, repay debt, develop new products and for general corporate purposes including future acquisitions. |