San Jose, Calif.
Went public 10/31/01 at $9 per share
Filing Range: 4.5 million shares at $9 to $11
Offering Size: $49.5 million shares
Post Offering Valuation: $127.1 million
Shares Outstanding: 14.12 million shares
Underwriters: UBS Warburg/SG Cowen Securities Corp./Dain Rauscher Wessels
Company Counsel: Pillsbury Winthrop LLP
Manager Counsel: Gray Cary Ware & Freidenrich
Auditor: Pricewaterhouse Coopers LLP
The Company:
Supplies embedded test solutions to the electronics industry worldwide. LogicVisions product line provides the most complete and cost effective test solution for companies designing and manufacturing highly complex systems.
Venture Backers:
Citicorp Venture Capital Ltd.
US Trust Private Equity
Needham & Company Inc.
Financing Rounds:
Number of Round Amount
Round # Round Date Stage Investors ($ thousands)
1 05/14/1997 1 Expansion 1249.0
2 03/01/1999 1 Expansion 5150.0
3 06/01/1999 1 Expansion 3295.0
4 01/28/2000 5 Later Stage 15000.0
Financials:
(Data in $ million except EPS)
Y/E
12/31/00
Total Revenues: $9.3
Net Income: (12.7)
EPS: (1.38)