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Niku Corporation
305 Main Street, Redwood City, CA 94063 * (650) 298-4600
Business Description The company is a leading provider of Internet solutions for the sourcing, management and delivery of professional services.
Offering
Information

Company has
gone public

Trading As  NIKU (NASNTL) Industry  High-Tech (SIC 7371)
Type of Stock Offered  Common Shares Filing Date  12/22/99
Domestic Shares Offered  8,000,000 Offer Date  2/28/00
Foreign Shares Offered  0 Filing Range  $20.00 - $22.00
Company Shares  8,000,000 Offer Price  $24.00
Selling Shrhldrs Shares  0 Gross Spread  $1.680
Gross Proceeds  $192,000,000 Selling  $1.000
Expenses  - - Reallowance  $0.100
Post-IPO Shares  69,040,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
Dain Rauscher Wessels Co-manager (612) 371-2818
Thomas Weisel Partners LLC Co-manager (415) 364-2500
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 9 Months Ending
Figures in U.S. millions except per share data         1/31/99 10/31/98 10/31/99
Revenues   - - - - 0.015 - 2.976
Income from Oper.   - - - - -3.150 -1.721 -13.711
Net Income   - - - - -3.020 -1.665 -13.533
E.P.S   - - - - -0.620 -0.350 -2.310
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -2.80 -1.60 -8.80
Cash Flow - Inv.     -0.37 -0.12 -5.57
Cash Flow - Fin.     8.32 7.68 26.38
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 10/31/99 Financial Ratios
Total Assets    28.74 Current Assets    23.34 Current Ratio    1.79
Total Liab.    42.57 Current Liab.    13.02 Debt Ratio    148.12%
Total Equity    -13.83 Working Cap.    10.32 Debt to Equity Ratio    -
Cash    17.15    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, capital expenditures and working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Fenwick & West
Bank's Law Firm  Shearman & Sterling
Registrar/Transfer Agent  Harris Trust & Savings Bank
Auditor  KPMG LLC
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Farzad and Rhonda Dibachi 19.30  
Entities affiliated with Venrock Associates 13.30  
Vector Capital II, L.P. 10.40  
Terence Garnett 9.90  
Entities affiliated with J.H. Whitney 8.80  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:54 AM
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