| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Host America Corporation |
| Two Broadway, Hamden, CT 06518 * (203) 248-4100 |
| The company is a regional contract food service management company specializing in providing full restaurant and employee dining, special event catering, vending and office coffee service, home food replacement and management of corporate dining rooms. |
| Manager | Tier | Phone |
| Barron Chase Securities, Inc. | Lead Manager | (800) 747-1202 |
| NASSCM: | CAFE | Retail: | SIC 5812 | |
| Type of Shares: | Common Shares | Filing Date: | 4/22/98 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 7/21/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $5.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $5.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.50 | |
| Offering Amount: | $5,000,000 | Selling: | ||
| Expenses: | $334,500 | Reallowance: | ||
| Post-IPO Shares: | 1,330,000 | |||
| Employees: | 140 |
| Issuer's Law Firm: | General Counsel |
| Bank's Law Firm: | Carter, David A. |
| Registrar/Transfer Agent: | American Securities Transfer, Inc |
| Auditor: | DiSanto Bertoline & Company, P.C. |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 6/29/97 | 12/28/97 | 12/29/96 | 12/28/97 | ||
| Revenue: | $5.97 | $3.39 | $2.89 | Assets: | $1.11 |
| Net Income: | $0.09 | $0.06 | $0.06 | Curr Assets: | $0.86 |
| EPS: | Liabilities: | $0.93 | |||
| Prior EPS: | Curr Liab: | $0.82 | |||
| Cash Flow/Oper: | $0.18 | $0.02 | $0.03 | Equity: | $0.19 |
| Cash Flow/Fin: | -$0.05 | -$0.03 | -$0.03 | Cash: | $0.07 |
| Cash Flow/Inv: | -$0.07 | -$0.06 | -$0.02 | Working Cap: | $0.04 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to hire additional sales personnel, develop additional marketing activities, acquire related food service businesses and provide for working capital. |
| Additional Underwriter Compensation |
| Warrant to purchase 120,000 shares/units at a nominal price. |
| Exercise price of $7.50 for 5 year(s), 0 year(s) from 7/21/98. |
| $108,000.00 consulting agreement for 1 year(s). |