trending Market Intelligence /marketintelligence/en/news-insights/trending/uswaSIIisIgjQI8OAayy3w2 content esgSubNav
In This List

MRI Interventions raises $13.3M in private placement

Blog

Baird Research is Now Exclusively Available in S&P Global’s Aftermarket Research Collection

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


MRI Interventions raises $13.3M in private placement

MRI Interventions Inc. closed its previously announced private placement of 6,625,000 units to a group of investors for gross proceeds of about $13.3 million.

The units were sold at $2 apiece and consisted of 1 common stock and a five-year warrant to purchase an additional share for $2.20 apiece.

The proceeds are meant largely for working capital and general corporate purposes.

Joseph Gunnar & Co. LLC acted as the lead placement agent of the issue with Brookline Capital Markets acting as the co-placement agent.