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Marathon Acquisition Corp.(MAQ.U)

 
123Jump Rating:   Underwriters: Citigroup
      Ladenburg Thalmann & Co. Inc.
Status: Priced  
 
Address: 33 West 55th Street
FiledDate: 05/12/2006
  New York,
   
  NY 10019
Filed Price Range ($): $8
       
Telephone: 212-409-2200 Filed Offer Amount ($ Million): $330.00
       
Fax: Shares Offered (Millions): 38
       
Websites: Shares Outstanding (Millions): 38
       
Management: Michael Gross, CEO
IPO Date: 08/25/2006
     
  Final Offer Price ($): $8.00
       
Industry: Financial Services Final Offer Size (Millions of Shares): 37.00
       
Employees: 1 Final Offer Amount ($ Million): $296.00
       
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
Michael S. Gross 98.90%

Major Stock Holders  (After Offering)

Name

Common Stock Class A Class B Class C Class L ADS
Michael S. Gross 0% 19.80% 0% 0% 0% 0%

Company Strategy
A recently organized Delaware blank check company formed to complete a business combination with one or more operating businesses.

Product/Services Portfolio
The Company’s efforts in identifying a prospective target business will not be limited to a particular industry. Instead, the Company intends to focus on industries and target businesses in the United States and Western Europe that may provide significant opportunities for growth. The Company does not have any specific merger, stock exchange, asset acquisition, reorganization or other business combination under consideration or contemplation. To date the Company’s efforts have been limited to organizational activities as well as activities related to the offering.

The Company is not presently engaged in, and it will not engage in, any operations for an indefinite period of time following this offering.

The Company does not have any specific business combination under consideration and it has not, nor has anyone on its behalf, contacted any potential target business or had any substantive discussions, formal or otherwise, with respect to such a transaction. Additionally, the Company has not engaged or retained any agent or other representative to identify or locate any suitable acquisition candidate, to conduct any research or take any measures, directly or indirectly, to locate or contact a target business.

The Company anticipates that target businesses may be brought to its attention from various unaffiliated parties such as investment banking firms, venture capital funds, private equity funds, leveraged buyout funds, management buyout funds and similar sources. The Company may also identify a target business through management’s contacts within the private equity industry.

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

The Company’s only activities since inception have been organizational activities and those necessary to prepare for the offering.

Following the offering, the Company will not generate any operating revenues until after completion of a business combination.

The Company will generate non-operating income in the form of interest income on cash and cash equivalents after the offering.

Income Data (Thousand $ Except EPS)
Year Revenues Costs Oper Income Taxes Net Income EPS
2006 0.00 1,000 0.00 0.00 -1,000 0.00
*For the period from April 27, 2006 to May 11, 2006

Balance Sheet Data (Thousand $)

Year

Cash Acct Recv. Inventory Total Cur Assets Total Cur Liability PPE Total Assets LT Debt SH Equity
2006 250,000 0.00 0.00 0.00 266,000 0.00 290,000 0.00 0.00
*For the period from April 27, 2006 to May 11, 2006

Cash Flow Summary (Thousand $)

Year

Net Cash-Ops Net Cash-Inv Net Cash-Fin Net Change
2006 0.00 0.00 250,000 250,000
*For the period from April 27, 2006 to May 11, 2006
 

 

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