Dynatronics this week raised raised $7.8 million in a new round of equity and mixed funding to cover its acquisition Hausman Industries assets, including physical therapy and athletic training products.
Money came from 17 unnamed investors, with the company hoping to bring in an additional $1.2 million before closing the round. All funds raised during the round were used to cover the cost of purchasing the Hausmann Industries assets, according to the SEC filing.
Read the whole story on our sister site, Medical Design & Outsourcing
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