Medovex Corporation Enters into Securities Purchase Agreement
MEDOVEX CORP COMMON (MDVX)
US:NASDAQ Investor Relations:
ir.medovex.com
Company Research
Source: GlobeNewswire
ALPHARETTA, Ga., Jan. 16, 2019 (GLOBE NEWSWIRE) -- Medovex Corporation (OTCQB: MDVX) (“Medovex” or the “Company”) today announced that on January 8, 2019, the Company entered into a securities purchase agreement with four purchasers pursuant to which the purchasers invested in the Company an aggregate amount of $2,000,000, with $1,800,000 in cash and $200,000 by cancellation of debt. "I’m pleased to announce receipt of the first $2 million. Importantly, the investors who participated are all strategic and previously invested with us. Some of them are well recognized and respected in the business community having built well regarded national brands as well as being involved in other successful business pursuits. The value these investors bring to us extends well beyond simply a capital contribution. We expect additional near-term board appointments which will further formalize some of their roles with the Company going forward,” said William “Bill” Horne, Medovex CEO and Chairman.
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