Financings in Brief: ChromaVision Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
ChromaVision Medical Systems: Nets approximately $29.2 mil. in initial public offering of 6.4 mil. common stock shares at $5 each completed Aug. 13. The issue commenced "when-issued" trading on the NASDAQ exchange under the symbol "CVSN" on July 2 and commenced "regular way" trading Aug. 8, the firm says. The IPO was accomplished via an offering of 6.4 mil. common stock share purchase rights to shareholders of information technology firm Safeguard Scientifics, which owns 37.4% of ChromaVision ("The Gray Sheet" July 14, p. 13)...