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Irvine-based Axis Research and Technologies Inc. today filed papers with the Securities and Exchange Commission seeking to sell $20 million worth of stock in an initial public offering.
The company is planning to sell 10 million shares at a price of $2 each.
Axis is a provider of medical education facilities, including what it said in its filing was a 12,000-square-foot facility containing a biological skills laboratory.
The company said it would use proceeds to become fully operational.
Axis said in the filing that it hopes its stock would be quoted on the over-the-counter bulletin board exchange.