Initial Public Offerring

In: Business and Management

Submitted By entowah
Words 1571
Pages 7
INITIAL PUBLIC OFFERING: ELECTROMED, INC

WRITTEN BY: Edward N Towah FI 516 Advance Managerial Finance Presented to: Miriam Benard, Instructor June 2, 2012
Introduction
The purpose of this paper is to select a publicly-traded company that has had an Initial Public Offering (IPO) within the last 10 years and discuss its impact on the company. The discussion will focus on how successful was the company in raising capital through its IPO. Further, it will elaborate on what had happened since the IPO and the trend of the stock price. It will summarize the financial conditions of the company since its IPO up to the present.
An Overview of Electromed, Inc. Electromed, Inc is a publicly-traded company, trading on the NYSE under the symbol “ELMD” to be referred to as the company or Electromed. Electromed was founded in 1992 and is headquartered in New Prague, Minnesota. The company manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest® Airway Clearance System and related products, to patients with compromised pulmonary function. It offers Electromed SmartVest airway clearance system with a pneumatic therapy garment and an electronic pulse generator, which generates high frequency chest wall oscillation to patients suffering from cystic fibrosis, chronic obstructive pulmonary disease, bronchiectasis, and repeated episodes of pneumonia. The company also provides Electromed Single Patient Use Vest, a vest that is used for patients undergoing institutional treatment; and Electromed SmartVest Wrap for patients recovering from surgery and short-term illnesses. Electromed, Inc. sells its products to home health care markets, hospitals, clinics, and pulmonary rehabilitation centers, as well as to post-surgical and intensive care…...

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