Printer Friendly

AVECOR CARDIOVASCULAR FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING

 AVECOR CARDIOVASCULAR FILES REGISTRATION STATEMENT
 FOR INITIAL PUBLIC OFFERING
 MINNEAPOLIS, Feb. 27 /PRNewswire/ -- AVECOR Cardiovascular Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of 1,255,000 shares of common stock. It is currently estimated that the initial public offering price will be between $4 and $5.50 per share.
 The proposed offering will be made through an underwriting group led by John G. Kinnard and Company, Incorporated, and is expected to commence in late March 1992. Proceeds will be used for research and development, capital equipment, leasehold improvements and general corporate purposes.
 AVECOR Cardiovascular Inc. designs, develops, manufactures and markets specialty medical devices for heart/lung bypass surgery and long-term respiratory support.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. The offering may be made only by a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933. Copies of the prospectus may be obtained from John G. Kinnard and Company, Incorporated, 1700 Northstar West, Minneapolis, Minn. 55402.
 -0- 2/27/92
 /CONTACT: Curt Swenson of Swenson Falker Eilertsen Inc., 612-371-0000 or Tony Badolato of AVECOR Cardiovascular 612-559-9504/ CO: Avecor Cardiovascular Inc. ST: Minnesota IN: SU:


KH -- MN001 -- 3124 02/27/92 09:22 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 27, 1992
Words:302
Previous Article:GANTOS ELECTS GIBSON AND EVEILLARD TO BOARD
Next Article:NATIONAL HERITAGE INDUSTRIES ANNOUNCES RE-OPENING OF THE CHAPARRAL HOTEL, FRIDAY, FEB. 28
Topics:


Related Articles
THERMO CARDIOSYSTEMS INC. FILES FOR PUBLIC OFFERING OF COMMON STOCK
ADVANCED MAMMOGRAPHY SYSTEMS, INC. FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING
AVECOR CARDIOVASCULAR FILES FOR PUBLIC OFFERING
AVECOR CARDIOVASCULAR ANNOUNCES PUBLIC OFFERING OF COMMON STOCK
AVECOR CARDIOVASCULAR SAYS UNDERWRITERS HAVE EXERCISED OVER-ALLOTMENT OPTION
AVECOR CARDIOVASCULAR COMMENTS ON COBE PATENT SUIT
TRIAL DATE SET FOR AVECOR PATENT INFRINGEMENT TRIAL
AVECOR CARDIOVASCULAR SEEKS SUMMARY JUDGMENT IN COBE CASE, REPORTS TRIAL DATE EXTENDED TO SEPT. 30
AVECOR CARDIOVASCULAR INC. ADOPTS SHAREHOLDER RIGHTS PLAN
Hypertension Diagnostics Announces Initial Public Offering

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters