| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| theglobe.com, Inc. |
| 31 West 21st Street, New York, NY 10010 * (212) 886-0800 |
| The company is one of the world's leading online communities with over 1.7 million members in the U.S. and abroad. Users are able to publish their own content and interact with other members having similar interests on the site. |
| Manager | Tier | Phone |
| Bear, Stearns & Co. Inc. | Lead Manager | (212) 272-4850 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| NASNTL: | TGLO | Internet: | SIC 7375 | |
| Type of Shares: | Common Shares | Filing Date: | 7/24/98 | |
| U.S. Shares: | 3,100,000 | Offer Date: | 11/12/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $8.00 - $10.00 | |
| Primary Shares: | 3,100,000 | Offer Price: | $9.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.63 | |
| Offering Amount: | $27,900,000 | Selling: | $0.38 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Post-IPO Shares: | - | |||
| Employees: | 80 |
| Issuer's Law Firm: | Fried, Frank, Harris, Shriver & Jacobson |
| Bank's Law Firm: | Morrison & Foerster |
| Auditor: | KPMG Peat Marwick |
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 | ||
| 12/31/97 | 6/30/98 | 6/30/97 | 6/30/98 | ||
| Revenue: | $0.77 | $1.17 | $0.21 | Assets: | $15.60 |
| Net Income: | -$3.58 | -$5.82 | -$0.77 | Curr Assets: | $13.86 |
| EPS: | -$1.56 | -$2.51 | -$0.34 | Liabilities: | $4.03 |
| Prior EPS: | -$0.33 | Curr Liab: | $3.40 | ||
| Cash Flow/Oper: | -$1.88 | -$5.41 | -$0.33 | Equity: | $11.57 |
| Cash Flow/Fin: | $20.15 | -$0.07 | $0.26 | Cash: | $13.15 |
| Cash Flow/Inv: | -$13.16 | $2.61 | -$0.23 | Working Cap: | $10.45 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for advertising, brand name promotions and other general corporate purposes including investment in the development and functionality of theglobe.com web site, enhancements of the company's network infrastructure and working capital. |