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-0.012353228962818 -0.0111912915851272 -0.00718566536203518 0.00290484344422703 0.0977250489236792 0.136252446183953 0.0824058219178083 0.0610322896281801
Stock impact report

Titan Medical Announces Pricing of Overnight Marketed Offering

Titan Medical, Inc (TMDI)  More Company Research Source: Business Wire
PDF TORONTO--(BUSINESS WIRE)-- Titan Medical Inc. (“Titan” or the “Company”) (TSX:TMD) (NASDAQ:TMDI), a medical device company focused on the design, development and commercialization of a robotic surgical system for application in minimally invasive surgery (“MIS”), is pleased to announce today that it has priced its previously announced overnight marketed offering (the “Offering”) of units of the Company (the “Units”). Pursuant to the Offering, Titan will issue Units at a price of US $3.40 per Unit for total gross proceeds of a minimum of US$20,000,000 and a maximum of US$25,000,000. Each Unit is comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant of the Company (a “Warrant”). Each Warrant is exercisable for one Common Share at a price of US $4.00, for a period of 5 years following the closing of the Offering. A preliminary short form prospectus dated March [Read more]
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