It appears that AMDR may have filed an amended S-1 as they have now announced the sale of 7.25 MM shares at $8-10 per share. Their original S-1 was filed on June 11, 1999 and they probably got their comments back from the SEC on July 11, 1999. Sixteen days would be about right for the second filing. Don't pay any attention to the July 13, 1999 filing; that filing consisted of various legal documents. I will see if I can find the new filing and I will then update my analysis.
biz.yahoo.com
Tuesday July 27, 5:19 pm Eastern Time
AmericasDoctor.com to offer 7.25 mln IPO shares
WASHINGTON, July 27 (Reuters) - AmericasDoctor.com Inc., the online healthcare company whose web site features a free 24-hour doctor chat service, said Tuesday it planned to offer 7.25 million common shares in an initial public offering.
The shares may be priced in the $8-$10 per share range and trade on Nasdaq under the symbol (Nasdaq:AMDR - news), said the company, based in Owings Mills, Md., and located online at www.americasdoctor.com.
Estimated net proceeds from the IPO of $60 million will be used to fund operating losses and for general corporate purposes, including portal fees, web site expansion, brand promotion, advertising, content
development and working capital.
They may also be used for strategic alliances and acquisitions, the company, whose main competitors include drkoop.com Inc. (Nasdaq:KOOP - news), said in its Securities and Exchange Commission filing that had details of the IPO.
The IPO's underwriters are Warburg Dillon Read, William Blair & Co. and Prudential Vector Healthcare Group. |
