Business
Moelis raising for medical device outfit – The Australian Financial Review
Medical device company Imricor Medical Systems was tapping the market for fresh equity on Thursday for sales, marketing and regulatory costs.
Medical device company Imricor Medical Systems was tapping the market for fresh equity on Thursday for sales, marketing and regulatory costs.
Imricor Medical Systems launched a capital raising on Thursday. Jim Rice
The company tapped Moelis Australia to help it snare $28 million through a placement of new securities, according to terms sent to funds.
The offer was priced at $2.35 each, which represented a 7.8 per cent discount to its last close and a 4.5 per cent discount to the five-day VWAP.
Funds…
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