| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| Candescent Technologies Corporation |
| 6320 San Ignacio Avenue, San Jose, CA 95119 * (408) 229-6150 |
| Business Description | The company was founded to develop, manufacture and market the world's first thin cathode ray tube, a new class of flat panel display. |
|
Filing Information IPO has been | |||
| To Trade As | CNDE (NASNTL) | Industry | High-Tech (SIC 3577) |
| Type of Stock Offered | Common Shares | Filing Date | 2/8/2001 |
| Domestic Shares Filed | 0 | Filing Price | - - |
| Foreign Shares Filed | 0 | Offering Amount | $150,000,000 |
| Company Shares | 0 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| UBS Warburg LLC | Lead Manager | |
| A.G. Edwards & Sons, Inc. | Co-manager | (314) 955-3039 |
| SG Cowen | Co-manager | (212) 495-6000 |
| 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 | 12/31/1997 | 12/31/1998 | 12/31/1999 | 9/30/1999 | 9/30/2000 | ||
| Revenues | - | - | 9.000 | 5.202 | 1.000 | 1.000 | - |
| Income from Oper. | - | - | -46.409 | -50.372 | -52.875 | -39.542 | -45.131 |
| Net Income | - | - | -46.502 | -62.460 | -74.673 | -55.477 | -88.730 |
| E.P.S | - | - | -9.150 | -10.630 | -11.330 | - | -2.020 |
| Revenue Growth (%) | - | - | -42.20 | -80.777 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -63.76 | -51.04 | -47.15 | ||||
| Cash Flow - Inv. | 65.62 | 56.53 | -17.49 | ||||
| Cash Flow - Fin. | -2.09 | -3.85 | 60.33 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 9/30/2000 | Financial Ratios | ||||
| Total Assets | 116.69 | Current Assets | 43.23 | Current Ratio | 0.16 |
| Total Liab. | 426.21 | Current Liab. | 265.99 | Debt Ratio | 365.26% |
| Total Equity | -309.52 | Working Cap. | -222.76 | Debt to Equity Ratio | - |
| Cash | 14.32 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for capital expenditures, including continuing the construction of and purchasing equipment for the pilot manufacturing facility, ongoing research and development and general corporate purposes and working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm | Pillsbury Madison & Sutro |
| Auditor | Pricewaterhouse Coopers LLC |
| 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 |
| Hewlett-Packard Company | 13.40 | |
| Entities affiliated with West Coast Venture Capital Limited | 5.80 | |
| Sony Electronics, Inc. | 5.40 | |
| Note: represents ownership of 5% or more prior to the offering. | ||