Medical device company Ra Medical recently filed paperwork for an initial public offering worth up to $86.25 million.
The number of shares to be offered and the price range have not yet been determined, according to the Carlsbad-based company, which plans to list on the New York Stock Exchange under the symbol RMED.
Ra Medical not too long ago released its Dabra system, a laser catheter to treat a disease known to lead to amputations. In December, the company moved to a bigger space, the fifth time doing so since forming in 2002.
Piper Jaffray & Co. and Cantor Fitzgerald & Co. will act as lead joint book-running managers for the offering.