Alimera Sciences Raises $10M in Equity-linked Debt from HTGC

Alimera Sciences Inc. (ALIM) announced that it has raised $10,000,000 in a Non-Convertible Debentures transaction. The securities accrue interest at a rate of 10.9%. A series of 285,016 Warrants with an exercise price of $6.14 per share was issued to the investor in this transaction. The investor was Hercules Technology Growth Capital. The transaction closed on April 25, 2014.