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Cardima brings in funds privately

Executive Summary

Cardima (cardiovascular devices) has raised over $5mm through the private sale of 8.5mm common shares priced at $0.60 each (market average). The accredited investors also received warrants to buy another 1.3mm shares at $0.65 apiece.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Radiofrequency Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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