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Financings in Brief: Photoelectron

This article was originally published in The Gray Sheet

Executive Summary

Photoelectron: Plans for an initial public offering of 2 mil. shares of common stock at $11-13 per share are outlined in a registration statement filed with the Securities and Exchange Commission. Lexington, Massachusetts-based Photoelectron is developing its Photon Radiosurgery System for radiation treatment of cancerous tumors ("The Gray Sheet" Feb. 19, I&W-10). Needham & Company and Dain Bosworth are co-managers for the offering...
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