Deals
SANUWAVE Raises $3.1M at 26% Discount from RA Capital
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SANUWAVE Health Inc. (SNWV) announced that it has raised $3,105,000 in a Common Stock transaction. The common stock was sold at $0.50 per share, an approximate 26% discount to the market price ($0.68) of SNWV at deal announcement. A series of 7,762,500 60-Month Warrants with an exercise price of $0.50 per share (26.47% discount) were issued to the investors in this transaction. An additional series of 4,657,500 12-Month Warrants with an exercise price of $1.50 per share (120.59% premium) were issued to the investors in this transaction. Newport Coast Securities acted as the exclusive agent on the transaction.