NEW YORK (CNN/Money) - Yesterday's headlines may have focused on Google's IPO filing, but some other companies of note have also filed to go public in the past two days, including a Web site serving the gay and lesbian community, a seafood chain and a biotech firm.
But unlike Google, these three companies are all relatively small...and none of them reported a profit in 2003.
PlanetOut Inc., an online media firm serving lesbians, gays and bisexuals, filed with the Securities and Exchange Commission for an initial public offering worth up to $75 million.
The San Francisco-based company runs a network of Web sites, including its flagship Gay.com and PlanetOut.com sites, that connects members from more than 100 countries. Most revenues come from subscription fees for premium memberships, it said.
The company reported sales of $19.1 million in 2003, a 36 percent increase from 2002. PlanetOut is not profitable, but net losses narrowed from $7.9 million in 2002 to $752,000 in 2003.
PlanetOut estimates the lesbian, gay, bisexual and transgender market has a buying power of about $485 billion annually in the United States alone.
The company did not disclose how many shares it would offer in its IPO or estimate a price range for the sale. These details are expected in future filings with the SEC.
PlanetOut has applied to be listed on the Nasdaq stock market under the symbol "LGBT." UBS Investment Bank and WR Hambrecht & Co. will underwrite the company's IPO.
Surf's up
In the dining sector, McCormick & Schmick's Seafood Restaurants Inc. also filed with the SEC for an IPO valued at up to $172.5 million.
McCormick & Schmick's operates 49 restaurants serving fresh seafood in 20 states. Sales came in at $196.7 million in 2003, a 9 percent increase from 2002. But the company reported a net loss of $3.2 million for the year, after posting a profit of $207,000 in 2002.
The company did not specify how many common shares it plans to offer in the IPO, or estimate a price range for the sale. These details are expected in future filings.
Banc of America Securities, RBC Capital Markets, SG Cowen and Wachovia Securities are to underwrite the IPO, according to the company's preliminary filing.
McCormick & Schmick's has applied for a Nasdaq listing under the ticker symbol "MSSR."
MannKind for mankind
Finally, MannKind Corp., a biopharmaceutical firm focused on treatments for diabetes, cancer and auto immune diseases, filed to go public Friday. The company, which is currently conducting clinical tests for its lead product, did not generate any revenues in 2002 or 2003 and reported a net loss of $65.9 million last year.
The Valencia, Calif.-based company said it is seeking to raise up to $86.25 million in common stock but did not specify the number of shares or the price for the IPO -- details expected in future filings.
UBS Investment Bank, Piper Jaffray, Wachovia Securities, Jefferies & Co. Inc. and Harris Nesbitt Gerard are listed in the prospectus as the underwriters.
-- Reuters contributed to this story.
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