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Commonwealth Financial helps Euclid Systems Launch $3.5M Offering - cbl
Posted May 19, 2011
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By Brian Wolak
WALTHAM, Mass. -- Euclid Systems Corp. has launched a $3.5 million equity offering, raising $611,250 from 11 investors so far.
The Herndon, Va.-based maker of Emerald lenses, which serve as a non-surgical alternative to LASIK, last reported taking in $450,000 from a $6.25 million offering in 2009.
Principals named in a recent SEC filing include:
- Bruce DeWoolfson, president
- Patrick Burns
- Eric Hellige
- , vice president
- , vice president
- Allan Kaplan
Euclid Systems Corporation is focused on eye care, in particular developing and implementing a system of advanced vision correction, examination, design, and manufacturing technologies.
These include a family of advanced GP and soft contact lenses, topographers, software, sub-micron and cutting lathes. Euclid's Emerald lenses are said to correct vision overnight by gently re-shaping the cornea.
Waltham, Mass.-based Commonwealth Financial Network received $238,000 in finder's fees expenses.
SEC filing: http://tinyurl.com/5ssjzoc
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