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Aarica Holdings, Inc.
1000 Winderley Place, Suite 124, Maitland, FL 32751 * (407) 667-9411
Business Description The company designs, manufactures and distributes athletic footwear, sportswear and sports accessories for United States and European brands. The company currently designs and manufactures athletic footwear for the L.A. Gear and Lotto brands.
Filing
Information

Not yet
public

To Trade As  ARHI (NASSCM) Industry  Financial (SIC 6159)
Type of Stock Offered Common Shares Filing Date  8/15/00
Domestic Shares Filed 1,000,000 Filing Range  $9.00 - $11.00
Foreign Shares Filed  0 Offering Amount  $10,000,000
Company Shares  1,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Institutional Equity Corporation Lead Manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data       12/31/98 12/31/99 6/30/99 6/30/00
Revenues   - - - 5.742 5.433 2.136 3.226
Income from Oper.   - - - - - - -
Net Income   - - - 0.395 2.133 -1.179 -0.728
E.P.S   - - - 0.330 0.980 -0.430 -0.260
Revenue Growth (%)      - - - -5.384   51.06
Net Income Growth (%)      - - - 440.08   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - 6.88 39.25 - -
Cash Flow - Oper.     -0.51 - -
Cash Flow - Inv.     -0.03 - -
Cash Flow - Fin.     0.53 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/00 Financial Ratios
Total Assets    4.77 Current Assets    - Current Ratio    -
Total Liab.    6.39 Current Liab.    - Debt Ratio    134.06%
Total Equity    -1.62 Working Cap.    - Debt to Equity Ratio    -
Cash    -    Return on Assets   44.71%
Use Of
Proceeds
The proceeds from the proposed offering will be used for possible acquisition of businesses, brands or products, reduction of debt, advertising and sales development, purchases of manufacturing equipment and working capital and other general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Maurice J. Bates, L.L.C.
Bank's Law Firm  Wolin, Ridley & Miller LLP
Auditor  Arthur Andersen
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Warrant
Information
# of Units  1,000,000
Unit Ticker  ARHIU Unit Price  $11.00
Warrant Ticker  ARHIW Warrant Price  - -
Warrant Exercise Date  - - Warrant Exercise Price  - -
Warrant Expiration Date  - -
Warrant Detachable  Yes Warrant Detach Date  - -
Warrant Callable  No
Unit Composition 1 Common Share + 1 Warrant
Warrant Entitlement 1 Common Share

Last updated: 12/24/00 10:26:20 PM
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