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Orthologic pulls $100 million stock, preferred shelf
New York, Nov. 2 - Orthologic Corp. withdrew its $100 million common and preferred stock shelf previously filed with the Securities and Exchange Commission.
The Tempe, Ariz.-based biotechnology company said that maintaining the shelf "is no longer in its interest."
No securities were sold under the shelf, according to an RW filing with the Securities and Exchange Commission.
Orthologic filed the shelf on Aug. 9, saying at the time that offerings authorized by the shelf would be used for general corporate purposes.
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