text: IPO FILING -- Homegate Hospitality Inc . WASHINGTON 1996-08-30 Company Name Homegate Hospitality Inc Nasdaq Stock symbol HMGT Estimated price range N / A Total shares to be offered N / A Shrs offered by company N / A Shrs outstanding after ipo N / A Lead Underwriter Bear Stearns & Co Inc Underwriters over-allotment N / A Business : Company 's goal is to become a national provider of high quality extended-stay hotels in strategically selected markets located throughout the United States . Use of Proceeds : To finance the development of additional extended-stay hotels and other general corporate purposes . Financial Data in 000s : 1995 1994 - Revenue N / A N / A - Net Income N / A N / A