Printer Friendly

LASERMEDICS, INC. COMMENCES INITIAL PUBLIC OFFERING

 LASERMEDICS, INC. COMMENCES INITIAL PUBLIC OFFERING
 STAFFORD, Texas, Nov. 11 /PRNewswire/ -- LaserMedics, Inc. today


announced that its initial public offering has commenced.
 The company said its offering of 165,000 units, priced at $6 per unit, consists of one common share and one warrant to purchase an additional share at $7.50 and a warrant to purchase an additional share at $10. The managing underwriter for the offering is Havkit Corporation, New York.
 LaserMedics said it plans to use the proceeds of the offering to complete clinical studies of its MicroLight 830 laser for the non-surgical treatment of carpal tunnel syndrome (CTS). The company said that initial studies conducted at the Mayo Clinic and at General Motors has shown success rates in the 70 percent range. Larger studies are currently under way at General Motors, where employees have been treated with the new laser since May 1992.
 -0- 11/11/92
 /CONTACT: Mike Barbour, president of LaserMedics, Inc., 713-261-5079, or David Kaplan of Havkit Corporation, 212-233-1800, or Edward Williamson of Williamson & Associates, 800-992-6616, for LaserMedics, Inc./ CO: LaserMedics, Inc. ST: Texas IN: HEA SU: OFR


TS-CK -- NY032 -- 9711 11/11/92 11:47 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:Nov 11, 1992
Words:194
Previous Article:- ENTERTAINET -- TO ENTERTAINMENT AND TELEVISION EDITORS:
Next Article:OLDSMOBILE SILHOUETTE NAMED IN POPULAR SCIENCE'S 'BEST OF WHAT'S NEW'
Topics:


Related Articles
AVECOR CARDIOVASCULAR FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING
LIFEQUEST MEDICAL ANNOUNCES INITIAL PUBLIC OFFERING
LASERMEDICS, INC., PRIVATE OFFERING NEARING $500,000
LASERMEDICS, INC., SIGNS EXCLUSIVE LICENSING AGREEMENT
OPTICAL SENSORS INC. SAYS OVER-ALLOTMENT OPTION EXERCISED IN COMMON STOCK OFFERING
LASERMEDICS ANNOUNCES INTENT TO ACQUIRE HENLEY HEALTHCARE, A DIVISION OF MAXXIM MEDICAL
LASERMEDICS COMPLETES THE ACQUISITION OF HENLEY HEALTHCARE, A DIVISION OF MAXXIM MEDICAL
LASERMEDICS FILES FOR TRADING ON NASDAQ SMALLCAP MARKET
Lasermedics' Third Quarter Earnings Increase 214 Percent
Lasermedics Approved For Trading On Nasdaq; Trading Symbols to Change to HENL, Reflecting New Name: Henley Healthcare

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