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Cardiac Pathways raises $32mm in Series B financing
07 Sep 1999
Executive Summary
Publicly traded tachyarrhythmia systems developer Cardiac Pathways raised $32mm through a private placement of 32,000 shares of Series B preferred stock, priced at $1,000 each. Each share of the Series B stock is convertible into 200 of CP's post-split common shares. The company will use proceeds for expansion of marketing and R&D programs.
Deal Industry
-
Medical Devices
- Diagnostic Equipment & Supplies
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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