Existing investors including Foxconn, SK Telecom and iA Financial could buy up to $80m of shares in the medical imaging system developer's initial public offering.

Israel-based medical imaging technology developer Nano-X Imaging has set the terms for an initial public offering that would achieve exits for corporate investors Foxconn, SK Telecom, iA Financial and Fujifilm.

The company has set a range of $16 to $18 and plans to issue approximately 5.88 million shares on the Nasdaq Global Market, meaning it would raise $94.1m at the foot of that range and almost $106m if it floats at the top.

Existing Nano-X investors including affiliates of…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.