| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Transnational Financial Corporation |
| 301 Junipero Serra Blvd., Suite 270, San Francisco, CA 94127 * (415) 334-7000 |
| The company is a mortgage banker which originates, funds and sells mortgage loans through retail and wholesale branch operations secured by one-to-four family residential properties in the San Francisco Bay Area. |
| Manager | Tier | Phone |
| Tejas Securities Group | Lead Manager |
| AMEX: | TFN | Financial: | SIC 6162 | |
| Type of Shares: | Common Shares | Filing Date: | 4/22/98 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 6/23/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $7.00 - $9.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $7.25 | |
| Secondary Shares: | 0 | Gross Spread: | $0.73 | |
| Offering Amount: | $8,000,000 | Selling: | ||
| Expenses: | $600,000 | Reallowance: | ||
| Post-IPO Shares: | 3,500,000 | |||
| Employees: | 33 |
| Issuer's Law Firm: | General Counsel |
| Bank's Law Firm: | Wolin, Fuller,Ridley & Miller LLP |
| Auditor: | Moss Adams LLP |
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: | $3.19 | Assets: | $51.98 | ||
| Net Income: | $0.51 | Curr Assets: | |||
| EPS: | $0.21 | Liabilities: | $50.64 | ||
| Prior EPS: | $0.10 | Curr Liab: | |||
| Cash Flow/Oper: | -$29.91 | Equity: | $1.34 | ||
| Cash Flow/Fin: | $29.94 | Cash: | $0.75 | ||
| Cash Flow/Inv: | $0.08 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and repayment of subordinated debt. |
| Additional Underwriter Compensation |
| Warrant to purchase 100,000 shares/units at a nominal price. |