DEBT AND EQUITIES
Cardiovascular Systems Inc., St. Paul, a medical device company focused on developing and commercializing innovative interventional treatment systems for vascular disease, said it intends to offer and sell 2.1 million common shares in an underwritten public offering. All of the shares in the offering are to be sold by CSI. CSI also expects to grant the underwriters a 30-day option to purchase up to an additional 315,000 common shares. BofA Merrill Lynch is acting as the sole book-running manager of the offering. Leerink Swann is acting as joint lead manager. William Blair, JMP Securities, Dougherty & Co., Feltl & Co. and Wunderlich Securities are acting as co-managers.
PERFORMANCE
WSI Industries Inc., Monticello, has been certified as meeting the requirements of AS9100 Rev. C / ISO 9001:2008. AS9100 is the quality management system (QMS) standard for the aviation, space, and defense industries. The registration covers the manufacturing of precision machined metal components and subassemblies, made mostly of aluminum and steel parts from castings and billet raw material and assembly of subcomponents.
PERSONNEL
Arctic Cat Inc., Plymouth, said Chief Financial Officer Tim Delmore intends to retire on May 31, 2014. Delmore, 60, has spent nearly 29 years with Arctic Cat.
