Comments anyone?
Monday June 7, 6:19 pm Eastern Time
LCA-Vision files for 8.3 mln shares
WASHINGTON, June 7 (Reuters) - LCA-Vision Inc., a provider of laser vision correction services, said Monday up to 8.3 million shares of common stock will be available for sale to the public.
In a registration filed with the Securities and Exchange Commission, the Cincinnati, Ohio-based company said it is selling five million common shares and selling stockholders are offering up to 3.3 million common shares.
Selling stockholders include Stephen Joffe. chairman and chief executive officer with 1.5 million common shares and Sandra Joffe, secretary, with 1.2 million common shares.
The offering will be made through Prudential Securities, Dain Rauscher Wessels and Raymond James & Associates Inc., the company said in the document.
After the offering outstanding common will total 50,566,978 shares.
Net proceeds will be used to open additional laser vision correction centers, to purchase additional equipment and to extensively market centers and the LCA-Vision brand name.
Proceeds may also be used to fund possible future strategic acquisitions and to provide working capital and for general corporate purposes. |
