Deals
Empire Resorts Announces Right Offering of $290M
|
Empire Resorts (NASDAQ GM:NYNY) announced a Rights Offering transaction of up to $290,000,000
News
Ekso Bionics Raising $15M in Private Placement of Convertible Preferred Stock
|
Ekso Bionics Holdings (EKSO), a developer of wearable robotic gear used to rehabilitate paralyzed people, is raising $15 million in a private placement of convertible preferred stock and warrants to fund clinical trials and sales and marketing efforts. The company said in a statement on Christmas Eve that it entered into a definitive agreement for the financing with a group of healthcare-focused institutional investors. They agreed to buy preferred stock that will convert into common shares at $1.01 each, which was a 12.2% discount to where Ekso shares were trading when the deal was announced. Ekso fell 17 cents, or 13.5%, to $1.09 on Monday, Dec. 28, after the holiday weekend.
News
NeuroMetrix Shares on Rollercoaster With Product Launch, $13.8M PIPE
|
Shares of NeuroMetrix Inc. (NURO), a maker of wearable medical devices and diagnostic tests, fell after the company announced a private placement of $13.8 million in convertible preferred stock and warrants.
Deals
HomeTown Bankshares Corporation Raises $8M via Sandler O’Neill & Partners
|
HomeTown Bankshares Corporation (OTC:HMTA) announced that it has raised $7,500,000 in a Non-Convertible Subordinated Notes transaction.
