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MicroMed Cardiovascular completes $15.43mm PIPE
10 Jul 2006
Executive Summary
MicroMed Cardiovascular has raised $15.43mm with the private placement to institutional investors of 9.95mm common shares priced at $1.55 each. The backers also received 3.3mm warrants to buy common shares at the exercise price of $3. The company will use the proceeds to continue developing its DeBakey ventricular assist device, which already has CE Mark approval for advanced heart failure. Hunter World Markets acted as placement agent.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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Questions?
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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MicroMed Cardiovascular completes $15.43mm PIPE
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