Spotlight: Dental Implant Maker Steri-Oss Withdraws IPO
As jitters spread through the stock market again, Steri-Oss Inc. said it has withdrawn its initial public stock offering. The Yorba Linda-based dental implants maker had hoped to sell 4.7-million shares of stock in a range of $14 to $16 each to generate about $65 million. Dan Dykens, an analyst with Renaissance Capital, a Greenwich, Conn.-based company specializing in new issues, said underwriters have delayed or withdrawn four of the 15 new issues that Renaissance was tracking this week.
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