First Public Offering: Enhanced Imaging Technologies Inc.,...

First Public Offering: Enhanced Imaging Technologies Inc., an Irvine holding company, filed with the Securities and Exchange Commission for a first public offering of 1.6 million shares, which includes 300,000 shares to be sold by current shareholders, Wisconsin’s state investment board and BT Capital Corp. According to Jack W. Worley, the firm’s chief financial officer, the company hopes that the offering will raise $15 million, to be used to repay corporate debt, buy new equipment and provide working capital for two subsidiaries--Vari-X Inc. and Optical Devices Inc., which make optical filters to enhance electronic visual displays for users of personal computers. New York-based Prudential Securities Inc. will underwrite the offering, expected to begin in late February.