Acusphere to raise $23 million

AuntMinnie.com staff writers
Dec 6, 2006

Ultrasound contrast developer Acusphere has entered into an agreement to raise $23.8 million through a stock placement with institutional investors.

The Watertown, MA, company said it would issue 9.3 million units, with each unit consisting of one share of stock and a warrant for 0.4 shares of stock at an exercise price of $3.11 per share, for a purchase price of $2.75 per unit.

By AuntMinnie.com staff writers
December 7, 2006

Related Reading

Acusphere names Jaffe as VP, September 21, 2006

Acusphere licenses US contrast technology rights from GE, June 6, 2006

Acusphere to raise $38 million, April 7, 2006

Acusphere promotes Walovitch, December 13, 2006

Acusphere posts Q3 results, November 11, 2005

Copyright © 2006 AuntMinnie.com

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