Posts tagged financial advisor
Athersys prices $20-million stock offering

Athersys (NASDAQ:ATHX) priced a public offering of 19,802,000 common shares at a price of $1.01 each for gross proceeds of about $20-million and gave underwriters an option to purchase up to an additional 2,970,300 shares.

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Vital Connect closes new financing round

Closely-held Vital Connect, a leader in medical-grade wearable biosensor systems, has closed a term loan facility of $17.5-million with Perceptive Advisors, of which $10-million was funded at the initial closing today. Armentum Partners acted as financial advisor to Vital Connect in conjunction with this financing.

The company also recently extended its Series B round in order to raise an additional $7.8-million of equity capital, bringing the total raised to date in the Series B round to $22.1-million.

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