Nexsan (NXSN) Files $80.5M IPO
Nexsan Corp. (Nasdaq: NXSN) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $80.5 million. The company plans to list on the NASDAQ under the stock symbol "NXSN".
The offering is being made through Thomas Weisel Partners, Lazard Capital Markets, Needham & Company and Morgan Keegan & Company.
Nexsan is a leading provider of disk-based storage systems designed for the long-term storage of digital information. Its systems are used to store digital information such as email, office documents, medical images and digital voice or video recordings that typically do not change over time. [BCS]
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