Titan Medical (TSX:TMD) today priced a previously announced offering of units, looking to raise between $10.2 million (CDN $13 million) and $11.7 million (CDN $15 million) by floating units at 39¢ (CDN 50¢) each.
Each unit in the offering is comprised of one common share of the company and the purchase warrant for an additional common share, exercisable at 47¢ (CDN 60¢) per share for a period of five years following the offering.
Read the whole story on our sister site, The Robot Report
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