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Spectramed Inc. Gives Notice of Going Public

June 23, 1987

Spectramed Inc., a Newport Beach maker of medical monitoring devices, said it intends to go public with an initial sale of 3,640,000 shares of common stock at $11 each. The company said it plans to use the proceeds to repay bank debt and redeem outstanding preferred stock. The sale is expected to generate $37.2 million.

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