MINNEAPOLIS (AFX) - Vital Images Inc., which makes medical visualization and analysis software, on Monday filed a shelf registration statement with the Securities and Exchange Commission to offer up to $150 million in equity or debt securities.
The company said it can sell the equity or debt from time to time, giving it flexibility to obtain financing to support possible growth opportunities.
President and Chief Executive Jay D. Miller said those could include new technologies or applications or geographic expansion of its distribution channels.
Vital Images shares closed down 12 cents at $27.28 on the Nasdaq.
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