Avedro, Inc. (NasdaqGM:AVDR) will seek acquisition. The company has filed an Initial Public Offering in the amount of $86.25 million and company may use a portion of our net proceeds to acquire and invest in complementary products, technologies or businesses; however, we currently have no agreements or commitments to complete any such transaction. Pending these uses, we intend to invest our net proceeds from this offering primarily in investment-grade, interest-bearing instruments.