IPO Company Profile
SEC Filings | Peer IPO Companies
Orthopaedic Biosystems Ltd, Inc.
15990 N. Greenway-Hayden Loop, Suite 100, Scottsdale, AZ 85260 * (602) 596-4066

The company designs, develops and markets innovative medical devices that are primarily used in orthopaedic surgery, including sports medicine and minimally invasive arthroscopic procedures.

Primary Underwriting Group
ManagerTierPhone
Cruttenden Roth IncorporatedLead Manager (800) 678-9147
Josephthal Lyon & Ross, Inc.Co-manager (212) 907-4545

Filing Information (withdrawn)
AMEX:OBL Manufacturing: SIC 3842
Type of Shares:Common Shares Filing Date:7/1/98
U.S. Shares Filed:2,000,000 Filing Range:$6.75 - $7.75
Non-U.S. Shares Filed:0 Offering Amount: $14,500,000
Primary Shares:2,000,000 Expenses: -
Secondary Shares:0 Post-IPO Shares:5,500,000
Employees:19

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Snell & Wilmer
Bank's Law Firm: Brobeck, Phleger & Harrison
Auditor: Ernst & Young

Selected Financial Data

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:$1.48$0.44$0.35Assets:$2.28
Net Income:-$1.39-$0.44-$0.17Curr Assets:$1.44
EPS:-$0.33-$0.10-$0.04Liabilities:$1.23
Prior EPS:-$0.05Curr Liab:$1.39
Cash Flow/Oper:-$1.97-$0.53-$0.46Equity:$1.05
Cash Flow/Fin:$2.58$0.05$0.11Cash:$0.74
Cash Flow/Inv:-$0.27-$0.12-$0.03Working Cap:$0.05

Use of Proceeds
The proceeds from the proposed offering will be used for research and development, increased marketing efforts, fund future acquisitions, capital expenditures, repayment of related party indebtedness and working capital and general corporate purposes.

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