December 18, 1996 |
Microsoft Corp. increased the size of its preferred stock offering to $1 billion from $750 million, signaling high investor demand for the new income-yielding stock. The Redmond, Wash., software giant registered with the Securities and Exchange Commission to sell an additional $137.5 million worth of the preferred shares based on a preferred share price of $79.875. The price was determined by the closing price of the common shares on Nasdaq.
March 7, 2000 |
Telecom in general continues to attract hoards of investment dollars. A hot new stock offering that will begin trading today: Net2000 Communications (ticker symbol: NTKK), a broadband services provider. It sold 10 million shares at $20 a share late Monday.
July 30, 1997 |
El Segundo-based Kilroy Realty Corp., which has filed with the Securities and Exchange Commission to sell 10 million common shares, expects to use a majority of the proceeds to finance new acquisitions. The company, which operates as a real estate investment trust, hopes to raise as much as $246.2 million from the offering if the shares sell for $26.06 each, the SEC filing said.
December 5, 1995 |
AML Communications Inc., a Camarillo company that produces amplifiers and other products for the communications industry, is planning to sell 1 million shares of stock to the public in an initial public offering. AML, which was founded in 1986, hopes to expand its plant and repay loans by issuing the stock. In addition, some of the proceeds will be used as working capital, a source at the company said.
June 10, 1997 |
Through an initial public offering, Compass Plastics & Technologies Inc. plans to sell a 21.3% stake in the maker of bodies for television and computer monitors. The Gardena-based company, previously called AB Plastics Holding Corp., plans to sell 1.3 million common shares at $7.50 each, according to a statement filed with the Securities and Exchange Commission. That price would give Compass, with 6.1 million shares to be outstanding, a market value of $45.8 million. Compass plans to raise $8.
September 14, 2000 |
Masimo Corp., an Irvine maker of noninvasive patient monitoring systems, said it will seek to raise as much as $69 million in an initial public stock offering. The firm plans to use proceeds from the offering to buy equipment, boost sales and marketing and make acquisitions, according to a document filed Tuesday with the Securities and Exchange Commission. Masimo did not disclose a target price or the number of shares it plans to offer.
August 30, 1987
Archive Corp., a Costa Mesa maker of computer data storage devices, said it sold 2 million shares of its common stock at $12 per share. Proceeds from the sale, the company's second public stock offering, will be used to repay bank debts and to fund future corporate growth.
December 26, 1989
CII Financial Inc., a Burbank provider of workers compensation insurance, said it plans to raise about $18 million with its first public stock offering. In a filing with the Securities and Exchange Commission, the company said it anticipates issuing 1.5 million common shares for about $12 each. Proceeds from the offering would be used to increase its ability to write insurance, repay short-term debt and other purposes, the filing said.
February 2, 1993
Kenfil Inc., a Van Nuys-based distributor of personal computer software, has raised $16.2 million by completing its initial public stock offering. The company sold 2.5 million common shares for $7 each in an offering managed by the investment firm Piper Jaffray Inc. Kenfil plans to use the cash for repaying debt and for working capital. Kenfil first tried to go public last spring with an offer of 3 million shares that were expected to fetch $9 to $11 a share.