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Amedica plans common stock, warrants offering

Amedica Corp. said it intends to sell common stock and warrants in an underwritten public offering.

The company said it will use net proceeds from the offering to remain compliant with the financial covenants in its loan and security agreement, support working capital needs and general corporate purposes, fund research and development and commercialization activities as well as continue to build sales, marketing and distribution capabilities.

Maxim Group LLC is acting as sole book-running manager for the offering.