| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Horizon Organic Holding Corporation |
| 6311 Horizon Lane, Longmont, CO 80503 * (303) 530-2711 |
| The company produces, processes and markets the leading brand of certified organic dairy products in the United States, including the leading brand of certified organic fluid milk. |
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 439-3626 |
| Hanifen, Imhoff Inc. | Co-manager | (303) 296-2300 |
| Piper Jaffray Incorporated | Co-manager | (612) 342-6220 |
| NASNTL: | HCOW | Manufacturing: | SIC 2021 | |
| Type of Shares: | Common Shares | Filing Date: | 4/30/98 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 7/2/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $11.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.77 | |
| Offering Amount: | $30,000,000 | Selling: | $0.43 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 8,056,341 | |||
| Employees: | 115 |
| Issuer's Law Firm: | Cooley Godward Castro Huddleson & Tatum |
| Bank's Law Firm: | Brobeck, Phleger & Harrison |
| Registrar/Transfer Agent: | Norwest Bank of Minnesota |
| Auditor: | KPMG Peat Marwick |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $29.57 | $10.10 | $6.13 | Assets: | $34.50 |
| Net Income: | -$1.02 | -$0.12 | -$0.04 | Curr Assets: | $8.48 |
| EPS: | -$0.23 | -$0.02 | -$0.01 | Liabilities: | $25.70 |
| Prior EPS: | $0.01 | Curr Liab: | $5.96 | ||
| Cash Flow/Oper: | -$0.26 | $1.64 | -$0.16 | Equity: | $8.80 |
| Cash Flow/Fin: | Cash: | $0.81 | |||
| Cash Flow/Inv: | -$10.00 | -$2.20 | -$3.61 | Working Cap: | $2.52 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain promissory notes and bank debt, finance possible expansion of the company's dairy facilities, acquisitions and for working capital and for general corporate purposes. |