The firm has been struggling since it raised $8 million through an initial public offering.

Staktek Holdings, a computer memory company, is looking to raise $145 million through an initial offering in 2004.

The most recent financial difficulties follow the company's abandonment in June of a plan to raise $800 million through an initial public offering.

Last month, it raised $300 million through a convertible-bond offering.

The Company went public in 2005 to raise money from equity market through an initial public offering.

The goal, he said, is to raise cash through a public offering for a broad international expansion plan.

Ford said it would raise additional funds through a $3 billion offering of bonds that are convertible into stock under certain terms.

Premier went public in 1996 and raised nearly $70 million through an initial offering at $18 per share.

Durect, a pharmaceutical company, raised $60 million last June through a private offering of convertible bonds.

It raised $20 million that September through an offering priced at $10 a share.