SoCal's RA Medical Exec Aims for IPO

Ra Medical Systems Inc. is working to extend a track record of profitability and prepare for an initial public offering early next year.

Jeffrey Kraws, president of Carlsbad, Calif.-based Ra, told The Deal, a sister publication of TheStreet, that the company has had a string of profitable quarters and financed operations without taking debt. Likewise, Ra has not gotten involved in venture capital financing.

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