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Stock impact report

IRIDEX Announces Proposed Public Offering of Common Stock

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Sept. 13, 2018 (GLOBE NEWSWIRE) -- IRIDEX Corporation (NASDAQ:IRIX) ("IRIDEX" or the "Company"), an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. IRIDEX also expects to grant the underwriters for the offering a 30-day option to purchase an additional 15% of the shares of its common stock offered in the public offering.  All of the shares to be sold in the offering are to be sold by IRIDEX. IRIDEX intends to use the net proceeds from the offering for working capital and other general corporate purposes. IRIDEX may also use a portion of the net proceeds for licensing or acquiring intellectual property or technologies to incorporate in its products, capital expenditures, to fund possi Show less Read more
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