Fieldworks Inc, Eden Prairie, Minnesota maker and marketer of portable rugged computers and systems for use in the field, has filed with the US Securities & Exchange Commission to go public with an initial offer of 1.75m shares, all new, at a target price of between $8 and $10. Net proceeds of $13m or so will be used to repay debt, for capital expenditures and improvements, for expansion of the company’s sales and marketing efforts, and to hire additional staff. R J Steichen & Co has been signed up to underwrite the offering.
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