Power Medical sees IPO of 3.9 mln shares at $12-14 each

Tue Oct 9, 2007 6:19am EDT

Oct 9 (Reuters) - Power Medical Interventions Inc on Tuesday registered its initial public offering of 3.9 million shares at an estimated price of $12 to $14 per share.

In an amended filing with the U.S Securities and Exchange Commission, the company said Jefferies & Co, Lazard Capital Markets and William Blair & Co are underwriting the IPO.

The Langhorne, Pennsylvania-based company said it applied for a Nasdaq listing under the symbol "PMII." (Reporting by Sayantani Ghosh in Bangalore)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.