Digirad issues IPO

Nuclear medicine vendor Digirad of San Diego has launched its initial public offering, with 5.5 million shares of common stock going on sale at a price of $12 per share.

The company said the offering's net proceeds were approximately $59.7 million. In addition, the firm has granted its underwriters a 30-day option to purchase an additional 825,000 shares of common stock at the IPO price to cover over-allotments, if any.

The shares are listed on the NASDAQ National Market under the symbol DRAD.

By AuntMinnie.com staff writers
June 10, 2004

Related Reading

Digirad puts IPO plans back on track, March 19, 2004

Digirad launches new OptiCount collimator, February 11, 2004

Digirad subsidiary gets ICANL accreditation, February 2, 2004

Digirad signs Johns Hopkins, December 10, 2003

Digirad achieves profitability, October 22, 2003

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