Neovasc Provides Corporate Update
Neovasc Inc. - Common Shares (NVCN)
Last neovasc inc. - common shares earnings: 3/30 04:08 pm
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US:NASDAQ Investor Relations:
neovasc.com/neovasc-investment/overview
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Source: PR Newswire
NASDAQ, TSX: NVCN VANCOUVER, Feb. 20, 2019 /PRNewswire/ - Neovasc Inc. ("Neovasc" or the "Company") (NASDAQ:NVCN) (TSX: NVCN), a leader in the development of minimally invasive transcatheter mitral valve technologies and in the development of minimally invasive devices for the treatment of refractory angina, today provided a corporate and operational update.Summary:Resolved previously-disclosed litigation matter through a settlement agreement with Micro Interventional Devices, Inc. and Endovalve Inc. (together, "MID"). Received an additional US$1.2 million in proceeds from investor-initiated exercises of the last of the Series C warrants (the "Series C Warrants") issued pursuant to the November 2017 underwritten public offering (the "2017 Public Offering", and together with the 2017 concurrent private placement, the "2017 Financings"). 67% of all the Debt Notes (as defined below) initially issued in the 2017 Financings, and 92% of the Debt Notes held by one Debt Note holder, have bee
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