Rocky Hill, Conn.
Went public 9/29/2000 at $17 per share
Filing Range: 7.0 mil. shares @ $14 to $16
Shares Outstanding: 32.014 mil. shares
Underwriters: Morgan Stanley Dean Witter/Credit Suisse First
Boston/Salomon Smith Barney
Company Counsel: Hale & Dorr LLP
Manager Counsel: Shearman & Sterling
Auditor: PricewaterhouseCoopers LLC
Manufactures hydrogen production equipment by developing cost effective Proton Exchange Membrane (PEM) industrial hydrogen generators and fuel cell products.
Utech Venture Capital Corp.
Beacon Partners Inc.
Connecticut Innovations Inc.
Ballentine Capital Management
Chase Capital Partners
Nth Power Technologies
CIBC Oppenheimer & Co. Inc.
Kinetic Ventures Inc.
Liberty Environmental Partners
Calvert Social Venture Partners LP
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 05/01/1997 5 Early Stage 2909.0
2 12/09/1997 7 Expansion 2503.0
3 12/01/1998 8 Later Stage 3090.0
4 05/07/1999 3 Expansion 3000.0
5 04/10/2000 12 Later Stage 50074.0
(Data in $ millions)
Total Revenues: $0.9
Net Income: -3.3