Woodland Hills, Calif.
Went public 6/29/2000 at $16 apiece
Filing Range: 9.1 mil. shares @ $14 to $16
Shares Outstanding: 73.3 mil. shares
Underwriters: Goldman, Sachs & Co. Merrill Lynch & Co. Inc./
Morgan Stanley Dean Witter
Company Counsel: Latham & Watkins
Manager Counsel: Sullivan & Cromwell
Auditor: Deloitte & Touche LLP
The Company:
Develops small turbine generator sets using innovative engineering approaches for efficient, low emission, and low maintenance units.
Venture Backers:
Rho Management
Canaan Partners
Sevin Rosen Management Co.
Siguler Guff & Co.
Paul Allen
EnerTech Capital Partners LP
Nth Power Technologies
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors $ thousands)
1 04/01/1993 2 Early Stage 3100.0
2 07/01/1994 2 Early Stage 3300.0
3 06/01/1995 1 Expansion 5000.0
4 02/01/1996 2 Expansion 10100.0
5 05/01/1996 1 Expansion 5000.0
6 01/01/1997 4 Expansion 12500.0
7 08/15/1997 6 Later Stage 64000.0
8 03/31/1999 3 Later Stage 1846.0
9 10/28/1999 5 Later Stage 10000.0
10 02/24/2000 7 Later Stage 137500.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $6.69
Net Loss: -29.53