Trans1 files for IPO of up to $80.5 million

July 24 Tue Jul 24, 2007 12:09pm EDT

July 24 (Reuters) - Trans1 Inc. filed with U.S. regulators on Tuesday to raise up to $80.5 million in an initial public offering of common stock.

The medical device company told the U.S. Securities and Exchange Commission in a filing that Lehman Brothers, Cowen & Co., Piper Jaffray and Leerink Swann & Co. were underwriting the IPO.

Trans1 said it applied for a Nasdaq listing under the symbol "TSON."

The filing did not reveal how many shares the company planned to sell or their expected price. (Reporting by Aniruddha Basu in Bangalore)

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