RAMSEY, Minn.--Vision-Ease Lens,
based here, is planning an initial public offering of its common
stock. In a registration statement and preliminary prospectus filed
with the U.S. Securities and Exchange Commission on Friday, Oct.
13, Vision-Ease said it will offer its stock on the Nasdaq exchange
under the symbol “VELS.” The date of the offering,
number of shares and share price has not been announced yet.
The underwriters for the proposed offering will be J.P. Morgan
Securities Inc., acting as the sole book-running manager with
William Blair & Company, BMO Capital Markets and Robert W.
Baird & Co. acting as co-managers in the offering.
Vision-Ease is privately owned by Insight Equity A.P.X, a Texas
limited partnership, which purchased Vision-Ease in August, 2004
from BMC Industries, which had earlier declared bankruptcy.
October 2006
Latest News