Voxel Readies Offering
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LAGUNA HILLS — Voxel filed a registration with the Securities and Exchange Commission for a proposed public offering of 2.3 million common shares, all of which will be sold by the company.
Voxel, which develops a medical diagnostic system that creates three-dimensional holographic images from data produced by CT and MR scanners, will use net proceeds from the stock sale to finish developing the Digital Holography System, finance revenue growth and the accompanying increases in inventory, and for general corporate purposes and working capital.
In a press release, the company said it has granted the underwriters an option to purchase up to an additional 345,000 shares to cover over-allotments. The offering will be managed by Cruttenden Roth Inc.
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