Radiation therapy products firm North American Scientific (NAS) on January 18 closed on its private placement of common stock and the issuance of warrants for the purchase of common stock.
The Chatsworth, CA, company received gross proceeds of $15.5 million from the financing, which will be used for continued development of its ClearPath breast brachytherapy device, as well as for working capital purposes.
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Nasdaq approves NAS' plan for continued listing, December 13, 2007
NAS takes $1 million loan, December 12, 2007
Nasdaq denies NAS listing request, October 17, 2007
NAS receives Nasdaq notice, October 9, 2007
NAS gets loan extension, October 5, 2007
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