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Global Technology Industries(GTQ.U)

 
123Jump Rating:   Underwriters:
     
Status: Filed  
 
Address: 375 Patk Avenue
FiledDate: 03/17/2006
  New York,
   
  NY 10152
Filed Price Range ($): $10.00
       
Telephone: 212-755-9100 Filed Offer Amount ($ Million): $92.00
       
Fax: Shares Offered (Millions): 10
       
Websites: Shares Outstanding (Millions):
       
Management: Robert Kay, CEO
IPO Date:
     
  Final Offer Price ($): $0.00
       
Industry: Technology Final Offer Size (Millions of Shares): 0.00
       
Employees: 2 Final Offer Amount ($ Million): $0.00
       
Competitors: S-1 Forms:
     
   
       
     
     
     
       
 
- Avoid        - Value Gap        - Short-Term Growth        - Long-Term Growth        - Long-Term Value

Company Links
Executives Products Services
Major Stock Holders   (Prior To Offering)

Name

Class A
GTI Capital Partners LLC 100%
GTI Holdings, LLC NA
Jonathan N. Schulhof 33.50%
Michael P. Schulhof 100%
Robert B. Kay 24.10%

Major Stock Holders  (After Offering)

Name

Common Stock Class A Class B Class C Class L ADS
GTI Capital Partners LLC NA 20% NA NA NA NA
GTI Holdings, LLC NA 2% NA NA NA NA
Jonathan N. Schulhof NA 7.70% NA NA NA NA
Michael P. Schulhof NA 22% NA NA NA NA
Robert B. Kay NA 4.80% NA NA NA NA

Company Strategy
A blank check company organized under the laws of the State of Delaware on January 9, 2006.

Product/Services Portfolio
The Company was organized for the purpose of effecting a merger, capital stock exchange, asset or stock acquisition or other similar business combination with one or more operating businesses. The Company’s efforts in identifying a prospective target will not be limited to a particular industry, although it intends to focus its efforts on industrial technology and related companies.

The Company does not have any specific business combination under consideration or contemplation and it has not, nor has anyone on its behalf, either directly or indirectly, contacted any potential target businesses or their representatives or had any discussions, formal or otherwise, with any of the foregoing with respect to effecting a business combination.

Moreover, the Company has not engaged or retained any agent or other representative to identify or locate any suitable target, although it may do so following the offering.

Investment Analysis
The Company has neither engaged in any operations nor generated any revenues to date.

The Company estimates that the net proceeds from the sale of the units in the offering and the private placement, after deducting offering expenses of approximately $500,000 and underwriting discounts of $5.6 million, or $6.4 million if the underwriters’ over-allotment option is exercised in full, will be approximately $76.4 million, or $87.6 million if the underwriters’ over-allotment option is exercised in full.

Income Data 
Year Revenues Costs Oper Income Taxes Net Income EPS
2006 0.00 -794 0.00 0.00 -794 0.00
*As of period Ended From Jan 9 to Feb 28, 2006

Balance Sheet Data

Year

Cash Acct Recv. Inventory Total Cur Assets Total Cur Liability PPE Total Assets LT Debt SH Equity
2006 90000 0.00 0.00 0.00 268818 0.00 293024 0.00 24206

Cash Flow Summary

Year

Net Cash-Ops Net Cash-Inv Net Cash-Fin Net Change
2006 0.00 0.00 90000 90000
*As of period Ended From Jan 9 to Feb 28, 2006
 

 


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