Long On America (LOAX-Tentative pricing April.7/8.
A Northeast regional competitive local exchange carrier and Information/Internet Service Provider positioning itself to provide a full range of Internet, voice, data and cable programming solutions to commercial clients.
CEO: David R. Paolo
CFO: Kenneth M. Cornell
Filed on: 1/8/99
Ticker: LOAX
Price: $10
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SIC 7375
State of Incorporation DE
Employees, Full-time|Part-time 12
Fiscal Year-End 12/31
Revenue $0.8 Mln (FY 98)
Net Income $(0.4 Mln)
Lead Underwriter DIRKS & CO INC
Est. Offering Amount 23000000
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RECENT NEWS
3/10/99 The company ammended filing states "the anticipated IPO price will be $10", well above the original price range of $7-$8.
3/10/99 The company changed its symbol from AMEX:LOA to NASDAQ:LOAX.
2/3/99 The company replaced underwriter Security Capital Trading Inc with Dirks & Co Inc.
A Northeast regional competitive local exchange carrier and Information/Internet Service Provider positioning itself to provide a full range of Internet, voice, data and cable programming solutions to commercial clients.
Status/Tentative Pricing APR7-8
Lead Underwriter DIRKS & CO INC
Exchange NASDAQ
Ticker LOAX
Price $10
Shares 2,000,000
Shares Offered by Company ALL
Over-Allotment 300,000
Est. Offering Amount 23000000
Est. Offering Expenses 0
Post-Offering Shares 6,610,716
Lockup Period 365 |
