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ICx Sets IPO Terms

ICx Technologies Inc., a Washington, D.C.-based provider of sensor solutions for the homeland security market, has set its IPO terms to five million common shares being offered at between $17 and $19 per share. It would have an initial market cap of pproximately $636 million, were it to price at the high end of its range.

 

ICx plans to trade on the Nasdaq under ticker symbol ICXT, with Lehman Brothers serving as lead underwriter. Wexford Capital is the company's majority shareholder. www.icxt.com