Medical Device Laser Company Lumenis Plans for a $100M IPO
March 8, 2014
Israel's medical device company Lumenis is one of of
many medical device companies to pursue the public markets and is moving ahead
with its U.S. IPO plans.
The maker of minimally invasive
medical lasers released further details in a recent regulatory filing, noting
that it wants to sell 6.3 million shares and raise approximately $100 million.
Lumenis, which also has operations
in San Jose, CA, said it anticipates a share price between $15 and $17, and
will trade on the Nasdaq under the symbol, "LMNS." The company filed
initial IPO plans with the U.S. Securities and Exchange Commission in December.
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