| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| UTEK Corporation |
| 202 South Wheeler Street, Plant City, FL 33566 * (813) 754-4330 |
| Business Description | The company is a closed end management investment company that has elected to be treated as a special type of investment company known as a business development company, or BDC. Our primary investment objective is to achieve long-term capital appreciation of our assets. |
| Offering Information Company has | |||
| Trading As | UTOB (NASSCM) | Industry | Financial (SIC 6799) |
| Type of Stock Offered | Common Shares | Filing Date | 12/30/99 |
| Domestic Shares Offered | 1,000,000 | Offer Date | 10/24/00 |
| Foreign Shares Offered | 0 | Filing Price | $6.00 |
| Company Shares | 1,000,000 | Offer Price | $6.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.600 |
| Gross Proceeds | $6,000,000 | Selling | $0.300 |
| Expenses | - - | Reallowance | - - |
| Post-IPO Shares | 3,782,226 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Schneider Securities, Inc. | Lead Manager | (303) 837-9200 |
| GunnAllen Financial, Inc. | Co-manager |
| 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 | 12/31/97 | 12/31/98 | 9/30/98 | 9/30/99 | |||
| Revenues | - | - | - | - | 0.382 | 0.383 | 1.272 |
| Income from Oper. | - | - | - | - | - | - | - |
| Net Income | - | - | - | -0.005 | 0.106 | 0.187 | 0.782 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | - | - | 232.52 | ||
| Net Income Growth (%) | - | - | - | - | 319.10 | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | 27.75 | 61.49 | 48.78 |
| Cash Flow - Oper. | 0.28 | 0.31 | 0.66 | ||||
| Cash Flow - Inv. | -0.39 | -0.35 | -1.12 | ||||
| Cash Flow - Fin. | 0.53 | 0.53 | 1.31 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 9/30/99 | Financial Ratios | ||||
| Total Assets | 5.31 | Current Assets | - | Current Ratio | - |
| Total Liab. | 0.68 | Current Liab. | - | Debt Ratio | 12.74% |
| Total Equity | 4.63 | Working Cap. | - | Debt to Equity Ratio | 0.15 |
| Cash | - | Return on Assets | 14.73% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Gersten, Savage, Kaplowitz & Curtin |
| Bank's Law Firm | McLaughlin & Stern Alkalay Handler Robbins Herman |
| Registrar/Transfer Agent | Continental Stock Transfer & Trust Co |
| Auditor | Ernst & Young |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Clifford M. Gross | 69.60 | |
| Note: represents ownership of 5% or more prior to the offering. | ||
| Additional Underwriter Compensation |
| Warrant to purchase 100,000 shares/units at a nominal price. |
| $120,000.00 consulting agreement for 3 year(s). |