Acusphere to raise $38 million

AuntMinnie.com staff writers
Apr 6, 2006

Ultrasound contrast developer Acusphere has entered into an agreement to raise $37.7 million through a stock placement with a group of institutional investors.

The Watertown, MA, company said it would issue 5.8 million units, with each unit consisting of one share of stock and a warrant for 0.3 shares of stock at an exercise price of $7.97 per share, for a purchase price of $6.9675 per unit.

By AuntMinnie.com staff writers
April 7, 2006

Related Reading

Acusphere promotes Walovitch, December 13, 2006

Acusphere posts Q3 results, November 11, 2005

Acusphere wins accelerated payment, October 25, 2005

Acusphere readies stock offering, September 23, 2005

Acusphere plans new stock offering, February 18, 2005

Copyright © 2006 AuntMinnie.com

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