| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | ||||
| Formula Systems (1985) Ltd. |
| The company is a software and information technology services company. The company has leveraged its technology and expertise developed in providing ITsolutions in Israel to establish leading positions for its proprietary software solutions in niche mkts |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| BancAmerica Robertson Stephens | Co-manager | (415) 989-8500 |
| CIBC Oppenheimer & Company | Co-manager | (212) 667-7400 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| NASNTL: | FORTY | High-Tech: | SIC 7371 | |
| Type of Shares: | American Depositary Receipts | Filing Date: | 5/27/98 | |
| U.S. Shares: | 1,600,000 | Offer Date: | 6/25/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | - | |
| Primary Shares: | 1,200,000 | Offer Price: | $35.00 | |
| Secondary Shares: | 400,000 | Gross Spread: | $2.01 | |
| Offering Amount: | $0 | Selling: | $0.55 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Post-IPO Shares: | - |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |