Sagemark adds to coffers

PET imaging services operator Sagemark Companies has completed a second closing of a private placement of shares of its common stock, garnering gross proceeds of $2.36 million.

The private placement also included warrants to purchase shares of its common stock. The New York City-based firm said the private placement would allow the company to aggressively expand its PET imaging center portfolio.

By AuntMinnie.com staff writers
January 3, 2005

Related Reading

Sagemark adds funding to open new PET sites, December 3, 2004

Sagemark plans fifth PET center, February 26, 2004

Sagemark readies second PET center, June 5, 2002

Premier PET to open four PET centers in early 2002, December 18, 2001

Sagemark completes purchase of Premier PET Imaging, May 24, 2001

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