| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| ORBCOMM Corporation |
| 2455 Horse Pen Road, Suite 100, Herdon, VA 20171 * (703) 406-6000 |
| The company provides two-way monitoring, tracking and messaging services through the world's first commercial low-Earth orbit satellite-based data communications system. |
| Manager | Tier | Phone |
| Bear, Stearns & Co. Inc. | Lead Manager | (212) 272-4850 |
| J.P. Morgan Securities Inc. | Co-manager | (212) 648-0517 |
| NASNTL: | ORBC | Service: | SIC 4812 | |
| Type of Shares: | Common Shares | Filing Date: | 4/21/98 | |
| U.S. Shares Filed: | 6,000,000 | Filing Range: | $15.00 - $18.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $99,000,000 | |
| Primary Shares: | 6,000,000 | Expenses: | $2,500,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 280 |
| Issuer's Law Firm: | Latham & Watkins |
| Bank's Law Firm: | Fried, Frank, Harris, Shriver & Jacobson |
| Auditor: | KPMG Peat Marwick |
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: | $0.27 | Assets: | $331.96 | ||
| Net Income: | -$31.61 | Curr Assets: | $62.72 | ||
| EPS: | Liabilities: | $225.81 | |||
| Prior EPS: | Curr Liab: | $54.62 | |||
| Cash Flow/Oper: | -$12.29 | Equity: | $106.16 | ||
| Cash Flow/Fin: | -$1.21 | Cash: | $16.11 | ||
| Cash Flow/Inv: | -$27.26 | Working Cap: | $8.11 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |