Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

  • Precision Optics Corp. Inc.

BioPhotonics
Nov 2012
Precision Optics Corp. Inc. of Gardner, Mass., will sell stock shares to investors to raise approximately $2.5 million. The optical instrument manufacturer will collaborate with institutional and accredited investors to sell and purchase an aggregate of approximately 2.8 million shares of common stock, and five-year warrants to purchase up to approximately 1.9 million shares. The unit price for the private placement is 90 cents; the warrants have an exercise price of $1.25 per share, subject to adjustment and a call provision. Net proceeds will fund startup costs for the company’s recent microendoscopes order as well as for other orders received for new products.



Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Facebook Google+ LinkedIn Facebook RSS
©2016 Photonics Media
x Subscribe to BioPhotonics magazine - FREE!