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Commerce One, Inc.
1600 Riviera Avenue, Walnut Creek, CA 94596 * (925) 941-6000
Business Description The company is a leading provider of e-commerce solutions that connect buyers and suppliers of business goods and services into Internet trading communities.
Offering
Information

Company has
gone public

Trading As  CMRC (NASNTL) Industry  Internet (SIC 7372)
Type of Stock Offered  Common Shares Filing Date  04/26/1999
Domestic Shares Offered  3,300,000 Offer Date  06/30/1999
Foreign Shares Offered  0 Filing Range  $17.00 - $19.00
Company Shares  3,300,000 Offer Price  $21.00
Selling Shrhldrs Shares  0 Gross Spread  $1.470
Gross Proceeds  $69,300,000 Selling  $0.880
Expenses  - - Reallowance  $0.100
Post-IPO Shares  21,242,800 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
U.S. Bancorp Piper Jaffray Co-manager (612) 342-6220
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data     12/31/1996 12/31/1997 12/31/1998 03/31/1998 03/31/1999
Revenues   - - 0.812 1.746 2.563 0.125 2.104
Income from Oper.   - - -1.780 -11.173 -24.796 -4.647 -12.327
Net Income   - - -1.805 -11.164 -24.640 -4.632 -12.311
E.P.S   - - -0.690 -0.421 -8.210 -1.580 -2.640
Revenue Growth (%)      - - 115.02 46.793   1,583.20
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -21.32 -4.15 -6.33
Cash Flow - Inv.     -2.51 -0.05 -0.79
Cash Flow - Fin.     29.65 -0.23 -0.18
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    30.81 Current Assets    9.65 Current Ratio    1.53
Total Liab.    7.89 Current Liab.    6.29 Debt Ratio    25.60%
Total Equity    22.92 Working Cap.    3.36 Debt to Equity Ratio    0.34
Cash    7.84    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, principally working capital, capital expenditures, geographic expansion of operations, potential acquisitions, and additional sales and marketing efforts.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Villeneuve Franklin & Hachigian, LLP
Registrar/Transfer Agent  Boston Equiserve Limited Partnership
Auditor  Ernst & Young
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Last updated: 01/09/2000 1:03:44 AM
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