Vascular Solutions files $50 million shelf

By Devika Patel

Knoxville, Tenn., July 19 - Vascular Solutions, Inc. registered to sell up to $50 million of securities in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, securities warrants and units consisting of any combination of these securities. Securities may also be sold as convertibles.

Proceeds will be used for working capital and general corporate purposes.

The shelf also covers 2.3 million shares to be sold be selling shareholders.

Vascular Solutions is a medical device company located in Minneapolis.

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