According to a recent conversation with one of the guys at Dawson James heading up the NGIO IPO, they are ready to go to their investor network, as is Tiger, to market the deal. Expects that to happen in June depending on NGIO filing a S-1.
Looking at perhaps $4-8 per share and raising upwards of $50 million. The deal structure is being worked on still but the plan is to make it enticing to investors. Perhaps warrants.
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