Stereotaxis files $75 million shelf registration

By Laura Lutz

Des Moines, Aug. 31 - Stereotaxis, Inc. filed a $75 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common stock, preferred stock, warrants and units. The securities may be structured as convertibles.

The filing includes $9 million previously registered but unsold securities.

The proceeds will be used for working capital, sales, research and development and general corporate purposes.

St. Louis-based Stereotaxis produces a control system for instruments used in heart surgery.

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