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Salient Surgical files for $86.3 mln IPO
March 13, 2008 / 10:35 AM / 10 years ago

Salient Surgical files for $86.3 mln IPO

March 13 (Reuters) - Salient Surgical Technologies Inc filed with U.S. regulators to raise up to $86.3 million in an initial public offering of common stock.

The maker of surgical products told the U.S. Securities and Exchange Commission in a preliminary prospectus that Bear Stearns & Co Inc, Piper Jaffray and Wachovia Securities were underwriting the IPO.

The filing did not reveal how many shares the company planned to sell or their expected price.

The Dover, New Hampshire-based company plans to list its common stock on Nasdaq under the symbol “SLNT.” (Reporting by Esha Dey in Bangalore; Editing by Vinu Pilakkott)

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