Financings in Brief: Heartport
This article was originally published in The Gray Sheet
Executive Summary
Heartport: Initial public offering of 5 mil. shares is priced at $21 per share, the firm announces April 26. The Redwood City, California-based company, which is conducting clinical trials of its Port-Access system for minimally invasive heart surgery, said it expected to offer 3.5 mil. shares for $21 each in a registration statement filed with the Securities and Exchange Commission in March ("The Gray Sheet" March 11, p. 21)...