Birner Dental closes $5 mln private placement [Reuters]
BIRNER DENTAL MGMT (BDMS)
US:NASDAQ Investor Relations:
perfectteeth.com/our-company/investor-relations
Company Research
Source: Reuters
| Birner Dental closes $5 mln private placement US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions Birner Dental Management Services Inc , which acquires and manages manages dental practice networks in Colorado, New Mexico, and Arizona, has raised $5 million in a private placement from Palm Investors . Also, a portion of the transaction's proceeds were used to recapitalize its existing debt, which include paying back about $1.5 million of a loan from Guaranty Bank and Trust Company . In conjunction with the private placement, Birner has named Palm Investors' Joshua S. Horowitz and Bradley Tirpak to its board of directors. Birner Dental Management Services Inc , which acquires and manages manages dental practice networks in Colorado, New Mexico, and Arizona, has raised $5 million in a private placement from Palm Investors . Also, a portion of the transaction’s proceeds were used to recapitalize its existing debt, which include paying back about $1.
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