Iris International files $125 million shelf

By Devika Patel

Knoxville, Tenn., Nov. 26 - Iris International, Inc. filed a $125 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

Securities covered under the filing include common stock, preferred stock and debt securities. Debt securities and preferred stock may be structured as convertibles.

Proceeds will be used for working capital, capital expenditures, other general corporate purposes and for product development.

Based in Chatsworth, Calif., Iris International manufactures in vitro diagnostic urinalysis systems; develops digital imaging software; conducts sample collection and sample processing; and makes small benchtop centrifuges and supplies for chemistry, coagulation, cytology, hematology and urinalysis for the clinical and veterinary markets.

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