Cardiovascular Imaging Systems
This article was originally published in The Gray Sheet
Executive Summary
Files a registration statement with the Securities and Exchange Commission for a secondary offering of 2 mil. shares of common stock. The intravascular ultrasound product manufacturer will use the proceeds from the offering to fund sales and marketing efforts, R&D and for "other general corporate purposes." Volpe, Welty & Co. is underwriting. The stock is currently trading in the $7 to $8 range....