Vital files for shelf registration statement to raise funds

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On Monday Vital Images, a provider of advanced visualization and analysis systems, announced that it has filed a shelf registration statement with the Securities and Exchange Commission with the hope of offering and selling up to $150 million of equity or debt securities.

The company’s president and CEO Jay. D. Miller stated that the move has been made to support the development of new technologies and applications in advanced visualization or to expand distribution channels.

The registration statement covers potential offerings of common stock, preferred stock, debt securities, and warrants, on an individual or unit basis.