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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: steve who wrote (14140)7/2/1999 5:25:00 PM
From: David  Read Replies (1) | Respond to of 26039
 
Here are some details:

Capital Ventures put in $10M, Marshall Capital Mgt (CS First Boston) put in $5M. The warrants are valued at over $11. H & Q got $900K in fees and just over 33,000 warrants.

Total dilution, upon exercise of all warrants, is another 3,112,897 shares. That is about a 10% increase over present fully diluted shares (about 30.5, now about 33.6M shares).

I hope this takes care of financing needs for the foreseeable future. Warrants are exercisable in 2001 and 2004. Total to IDX for all shares and warrants: $26,556,124.