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Precision Optics Files Mixed-Shelf Offering of Up to $75 Million
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Precision Optics Files Mixed-Shelf Offering of Up to $75 Million
Jun 7, 2024 2:14 PM

04:52 PM EDT, 06/07/2024 (MT Newswires) -- Precision Optics ( POCI ) has filed a registration statement for a mixed-shelf offering of up to $75 million of its common stock, debt securities, units or warrants and purchase contracts, according to a late Friday filing.

The medical device company said it expects to use the net proceeds from a future offering for general corporate purposes, including working capital and potential acquisitions.

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