Computer Motion Announces Sale of 375,000 Additional Shares in Initial Public Offering.SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.--(BUSINESS WIRE)--Sept. 17, 1997--Computer Motion Inc. (Nasdaq:RBOT RBOT Rotating Bomb Oxidation Test ) Wednesday announced the closing of the sale of an additional 375,000 shares of its common stock in connection with its initial public offering of a total of 2,875,000 shares of its common stock, at a price of $14 per share. The additional shares were sold pursuant to the exercise of an option granted to Montgomery Securities and Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Inc., the managing underwriters, to cover over-allotments. Founded in 1989, Computer Motion is the world leader in medical robotics. The company's mission is to enhance surgeons' capabilities, improve outcomes and reduce costs using computers and robotics. The company's Internet Web site is www.ComputerMotion.com . Copies of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc this offering may be obtained from Montgomery Securities, 600 Montgomery St., San Francisco, Calif. 94111; and Piper Jaffray Inc., 2500 Sand Hill Road, Menlo Park, Calif. 94025. CONTACT: Computer Motion Inc., Santa Barbara Stephen L. Wilson, 805/968-9600, ext. 155 |
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