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Cardima brings in $9mm through private financing

Executive Summary

Cardima (cardiovascular devices) has raised $9mm through the private sale of 18mm common shares priced at $0.50 each (market average). The accredited investors also received five-year warrants to buy another 2.7mm shares at $0.55 apiece. Apix International was the placement agent.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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