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Kips Bay Medical quiet period ends March 22

March 17, 2011

Kips Bay Medical, which offers vein support technology used in coronary artery bypass surgery, will see its quiet period end on Tuesday, March 22. On February 10, the company raised $16.5 million by offering 2.1 million shares at $8, at the low end of the range of $8 to $1. Rodman & Renshaw and Newbridge Securities acted as lead managers on the deal.