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Financings in Brief: Sunrise Technologies International

This article was originally published in The Gray Sheet

Executive Summary

Sunrise Technologies International: Increases the amount raised in private placement of 12% convertible notes and warrants to a total of $9.4 mil. The firm had initially raised $5.9 mil. in January ("The Gray Sheet" Jan. 26, p. 15). Proceeds will be used to complete the final clinical development phase of the LTK laser thermal keratoplasty corneal shaping system for treatment of hyperopia, and for continued trials for treatment of presbyopia...



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