Financings in Brief: Medical Device Technologies
This article was originally published in The Gray Sheet
Executive Summary
Medical Device Technologies: Underwriters for the company's June offering of preferred stock and warrants ("The Gray Sheet" July 8, p. 14) exercise an over-allotment option to buy 225,000 redeemable warrants and 100,000 shares of cumulative convertible series A preferred stock. The over-allotment raises $468,000 in additional proceeds for the San Diego-based developer of the Personal Alarm System patient monitoring device, bringing total gross proceeds from the offering to $8.2 mil...