Woodbridge, Ont.
Went public 10/27/00 at $12 per share
Filing Range:7.0 million shares @ $10 to $12
Shares Outstanding:35.5 million shares
Underwriters:Salomon Smith Barney/CIBC World Markets/BMO Nesbitt Burns Inc.
Company Counsel: Brobeck Phleger & Harrison LLP
Manager Counsel: Cravath, Swaine & Moore
Auditor: Pricewaterhouse Coopers LLP
The Company:
Designs and produces fuel cell test benches and fuel cell related technology.
Venture Backers:
Working Ventures Canadian Fund Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 12/01/1998 2 Early Stage 1039.0
2 01/01/2000 1 Expansion 3691.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $2.7
Net Income: -0.2