Thursday, Dec 25, 2014Thursday, Dec 25, 2014

Business

 

QT Vascular launches IPO at 28 cents each for Catalist listing

Published on Apr 16, 2014 7:16 PM
 

QT Vascular has launched its initial public offering (IPO) for a Catalist listing with an offer of 196.4 million shares at 28 cents each.

However, the investing public will not be able their hands on them the offering is by way of placement only.

The net proceeds from the IPO, estimated at $50.3 million, are earmarked for the following:

* $5 million for commercial expansion, which includes marketing activities, expenses incurred in entering into further supplier and distributorship agreements;

 
If you are not a subscriber, you can get instant, unlimited access here

Videos