Sagemark closes offering, raises $7.5 million

PET imaging operator Sagemark Companies has consummated the final closing of a private placement of shares of its common stock and warrants, with gross proceeds totaling $7.5 million, according to the New York City-based firm.

Sagemark said the private placement will allow the company to aggressively expand its PET imaging center portfolio.

By AuntMinnie.com staff writers
January 18, 2005

Related Reading

Sagemark adds to coffers, January 3, 2005

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

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