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Electrocore files for IPO

Electrocore LLC of Basking Ridge, N.J., has filed for an preliminary public offering. Electrocore, which makes health-care technology, seeks to lift $74.8 million, though that number generally is a placeholder. The inventory would trade at the Nasdaq underneath the ticker symbol "ECOR." The corporate listed revenue of $81,000 and web losses of $9.5 million in the first quarter of this yr. The corporate logged losses of $35.8 million on sales of $811,500 in 2017. Evercore ISI, Piper Jaffray, and JMP Securities are underwriting the problem.