London IPO pulls in $12.1M for U.S. neurodiagnostics firm

04/5/2013 | Clinica (subscription required)

An initial public offering of 6.7 million shares in London has brought in $12.1 million for Electrical Geodesics. The Eugene, Ore.-based company, which is working on devices for noninvasive brain monitoring and analysis using its patented dense array electroencephalography technology, will apply the money mainly to increase its sales channel.

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