BioSig Technologies (NSDQ:BSGM) announced today that it closed a registered direct offering of common stock worth $17.5 million. The Westport, Conn.-based company and its majority-owned subsidiary, ViralClear Pharmaceuticals, sold nearly 2.2 million shares of common stock at $8 per share, closing the offering on June 26. Proceeds from the offering reached $17.5 million before deducting placement […]
Soliton announces public offering
Soliton (NSDQ:SOLY) announced that it intends to offer an undisclosed amount of shares of its common stock in an underwritten public offering. The Houston-based medical device company also intends to grant underwriters a 30-day option to purchase up to an additional 15% of the number of shares offered. Cantor Fitzgerald & Co. is acting as the […]
Perimeter Medical Imaging to go public in Toronto
Perimeter Medical Imaging — creator of AI-based medical imaging tools for cancer surgery — plans to go public on the TSX Venture Exchange in Toronto on the week of June 29. The Toronto- and Dallas-based company is going public at the same time that it enters the commercial stage for its proprietary, FDA-cleared OCT imaging […]
BrightInsight raises $40m Series B
Biopharma and medtech digital health platform provider BrightInsight announced today that it raised $40 million in a Series B financing round. Insight Partners led the funding, while Series A investors New Leaf Venture Partners and Eclipse Ventures also participated. According to a news release, BrightInsight plans to use the funds raised to significantly scale up team […]
Foldax closes $20m Series D
Heart valve designer and manufacturer Foldax announced today that it closed a Series D funding round with proceeds of $20 million. MemorialCare Innovation Fund led the round, which also included new investors Angel Physicians Fund and Sayah Bioventures. All existing investors, including BioStar Capital, Kairos Ventures and Caltech, participated as well. Salt Lake City-based Foldax […]
MedTech Innovator picks 50 startups for accelerator program
MedTech Innovator today announced the 50 startup companies it selected for its flagship four-month showcase and accelerator program. The accelerator program awards up to $500,00 in cash and in-kind prizes during its final competition at The MedTech Conference, led by AdvaMed. According to a news release, the virtual program is set to begin on June […]
OrthoPediatrics commences public offering
OrthoPediatrics (NSDQ:KIDS) announced earlier this week that it commenced an underwritten public offering of its common stock. The Warsaw, Ind.-based pediatric orthopedics company intends to grant underwriters a 30-day option to purchase additional shares of common stock at the public offering price. According to a news release, there is no assurance as to whether or […]
CryoLife prices $100m offering
CryoLife Inc. (NYSE:CRY) announced today that it priced its previously announced offering of convertible senior notes at $100 million. Yesterday, the Atlanta-based company said it is offering the 4.25% notes, due in 2025, as well as a 13-day option for the initial purchaser to buy up to an additional $15 million in notes, which will be […]
Gelesis announces partnership to launch Plenity weight loss pill in China
Gelesis announced today that it partnered with China Medical Systems for the commercialization of the Plenity weight loss pill in China. Under the terms of the deal, CMS will provide $35 million upfront via licensing fees and equity investment, plus there remains the potential for an additional $388 million in future milestone payments, as well […]
Cardiovascular Systems’ offering nabs $143.7m
Cardiovascular Systems (NSDQ:CSII) announced today that underwriters fully exercised their option in an offering, leading to proceeds of $143.7 million. Last week, the St. Paul, Minn.-based company commenced an underwritten public offering of common stock shares worth $125 million. The offering included a 30-day option to purchase up to an additional 15% of the shares being […]
CryoLife announces $100m offering
CryoLife Inc. (NYSE:CRY) announced today that it intends to offer a private placement of convertible senior notes worth $100 million. The Atlanta-based company is offering the notes, due in 2025, as well as a 13-day option for initial purchasers to buy up to an additional $15 million in notes, which will be senior unsecured obligations of […]
