Cardiac Pathways Corp. Announces Filing of Registration Statement for Initial Public Offering of Common Stock.SUNNYVALE, Calif.--(BUSINESS WIRE)--April 17, 1996--Cardiac Pathways Corp. today announced that it has filed a registration statement with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission for an initial public offering of 2,500,000 shares of common stock. In addition, the company has granted the underwriters of the proposed initial public offering an option to purchase 375,000 shares of common stock to cover over-allotments. Morgen Stanley & Co. Inc. and Cowen & Co. are managing the offering. Following the offering, the company will have approximately 9.1 million shares of common stock outstanding, assuming no exercise of the underwriters' over-allotment option. Cardiac Pathways Corp. designs, develops and manufactures minimally invasive systems to diagnose and treat cardiac tachyarrhythmias (abnormally rapid heart rhythms). The company is developing products designed to provide integrated system solutions for the successful diagnosis and treatment of ventricular tachycardia Ventricular Tachycardia Definition Ventricular tachycardia (V-tach) is a rapid heart beat that originates in one of the lower chambers (the ventricles) of the heart. and atrial fibrillation atrial fibrillation Irregular rhythm (arrhythmia) of contraction of the atria (upper heart chambers). The most common major arrhythmia, it may result as a consequence of increased fibrous tissue in the aging heart, of heart disease, or in association with severe infection. , two of the most serious and prevalent types of abnormally rapid heart rhythms. Copies of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the offering may be obtained, when available, from Morgan Stanley & Co. Inc., 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10036. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. CONTACT: Cardiac Pathways Corp., Sunnyvale David W. Gryska, 408/737-0505 |
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