Tech Company Inital Public Offerings

Soliton IPO

Headquartered in Houston, Soliton is now a public company.

Transaction Overview

Company Name
Announced On
2/20/2019
Transaction Type
IPO
Amount
$11,000,000
Proceeds Purpose
We believe the net proceeds of this Offering, together with our cash and cash equivalents, including the remaining proceeds from our recent private placement of our unsecured promissory notes, will be sufficient to meet our cash, operational and liquidity requirements for at least 12 months if we sell a minimum of 1,500,000 shares and for at least 12 months if we sell all 3,000,000 shares of our common stock in this Offering. Should we raise the maximum, we will commercialize the device at a faster pace and therefore spend at a faster pace. The operating plan that we would enact should we raise the minimum includes a significant reduction in planned staffing, travel, research and development spending, and other overhead to mirror the reduced pace of development.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
1225 North Loop West 725
Houston, TX 77008
USA
Email Address
Overview
Soliton (Nasdaq: SOLY) is developing breakthrough acoustic shockwave technology to address multiple multibillion-dollar market opportunities.
Profile
Soliton LinkedIn Company Profile
Social Media
Soliton Company Twitter Account
Company News
Soliton News
Facebook
Soliton on Facebook
YouTube
Soliton on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Walter Klemp
  Walter Klemp LinkedIn Profile  Walter Klemp Twitter Account  Walter Klemp News  Walter Klemp on Facebook
Chief Financial Officer
Lori Bisson
  Lori Bisson LinkedIn Profile  Lori Bisson Twitter Account  Lori Bisson News  Lori Bisson on Facebook
Chief Operating Officer
Joe Tanner
  Joe Tanner LinkedIn Profile  Joe Tanner Twitter Account  Joe Tanner News  Joe Tanner on Facebook
President
Christopher Capelli
  Christopher Capelli LinkedIn Profile  Christopher Capelli Twitter Account  Christopher Capelli News  Christopher Capelli on Facebook


 

 

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Prev: 2/20/2019: HiHello venture capital transaction
Next: 2/20/2019: Redis Labs venture capital transaction

 

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