Spine Wave has raised $5.3 million in a new round of debt financing, according to a recently posted SEC filing.
Money in the round came from 29 unnamed investors, with the first sale noted as having occurred on July 17 of this year, according to the filing.
The Shelton, Conn.-based company is looking for an additional $199,502 in the round before it closes, according to the filing.
Spine Wave has not yet stated how it plans to spend funds raised in the round.
Last July, Spine Wave said that it completed an initial limited market release of its Leva AF interbody device for anterior lumbar interbody fusion procedures.