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ChromaVision to raise up to $12mm in private placement

Executive Summary

ChromaVision Medical Systems (cellular imaging diagnostics) is raising a total of $12mm through the private placement of 561k common shares at $12.48 each--a (pr)14% premium to market price--and 56k purchase warrants to existing investors Safeguard Scientifics and IncuVest, both technology company incubators.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
    • Cytology
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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