MRI-safe IV system maker iRadimed files for a $12 million IPO


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iRadimed, which makes non-magnetic IV systems that are safe to use during MRI procedures, filed on Wednesday with the SEC to raise up to $12 million in an initial public offering. The Winter Park, FL-based company, which was founded in 1992 and booked $12 million in sales for the 12 months ended March 31, 2014, plans to list on the NASDAQ under the symbol IRMD. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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