Fluorotechnics Raises Nearly $5M in IPO

Oct 24, 2008

NEW YORK (GenomeWeb News) – Fluorotechnics said today that it has raised nearly AUS$8 million (US$4.95 million) through an initial public offering on the Australian Stock Exchange.

The Sydney-based firm said the offering was supported by institutional investors from Asia, Australia, and Europe, in addition to professional and retail investors.

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