Digital x-ray and bone densitometry vendor Hologic has filed a shelf registration statement with the U.S. Securities and Exchange Commission for a public offering of up to three million shares of common stock. Bedford, MA-based Hologic said it plans to use the net proceeds to fund the continued development of its DirectRay digital mammography system, including clinical trials and efforts to move the system through the regulatory process.
The firm will also use the funds for R&D, general corporate purposes, and working capital. The offering will be underwritten by Hologic's financial advisor, Needham & Company.
By AuntMinnie.com staff writersNovember 19, 2001
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