Titan Medical adds to $3m private placement, plus $7m from warrants exercise

Titan Medical (TSX:TMD) said today it added an approximate $300,000 to a private placement round that closed earlier this month alongside raising $6.5 million (CDN $8.4 million) from exercising share purchase warrants.

The Toronto-based robotic surgical platform developer said that it raised a total of $2.6 million (CDN $3.3 million) through the placement of 13.4 million shares of its stock at 19¢ per share, up from a previously reported $2.3 million (CDN $2.9 million) it announced when the round closed on October 20.

Read the whole story on our sister site, The Robot Report

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