Rita announces plan to go public

Radiation therapy firm Rita Medical Systems has announced an initial public offering of 3.6 million shares at $12 per share. The Mountain View, CA-based vendor’s common stock will be listed on the NASDAQ National Market under the symbol "RITA." Rita’s technology uses radio-frequency energy to ablate targeted tissue, according to the firm.

By AuntMinnie.com staff writers
July 28, 2000

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