ElectroCore (NSDQ:ECOR) announced today that it entered into a purchase agreement in which the neuroscience company has the right to sell shares of its common stock worth up to $25 million to Lincoln Park Capital Fund. Basking Ridge, N.J.-based ElectroCore would control the timing and amount of any sales of its common stock, valued at $0.001 […]
Lincoln Park Capital
Obalon to raise less from stock purchasing agreement
Obalon Therapeutics (NSDQ:OBLN) announced that it entered into a new purchase agreement with Lincoln Park Capital Fund that will see a previously agreed purchase of $20 million of Obalon’s common stock drop to $15 million. The new purchase agreement between the two companies is replacing the existing deal from Dec. 27, 2018. The previous agreement has […]
TransEnterix shores up balance sheet with $25m stock sale deal
TransEnterix (NYSE:TRXC) said today that it inked a deal to sell up to $25 million worth of stock to Lincoln Park Capital Fund over 3 years. Research Triangle Park, N.C-based TransEnterix said the deal values any sales based on its share price at the time. The company markets a robot-assisted surgery platform that incorporates haptics and eye-tracking technology called Senhance. […]
