PET imaging services provider Sagemark Companies has completed a private placement of shares of its common stock, netting gross proceeds of $3.5 million.
The New York City-based firm said the transaction, which also included warrants to buy shares of its common stock, will allow it to add to its PET imaging center portfolio. Sagemark said it would open its fifth center this month, to be based in Forest Hills, NY.
By AuntMinnie.com staff writers
December 3, 2004
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