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Organovo -4.2% after filing $190M mixed shelf

Feb. 27, 2015 7:14 PM ETOrganovo Holdings, Inc. (ONVO) StockONVOBy: Eric Jhonsa, SA News Editor20 Comments
  • Shortly after CEO Keith Murphy suggested another capital raise is on the way to help his company grow its R&D investments, Organovo (NASDAQ:ONVO) has filed to raise up to $190M via future stock, debt, and/or warrant offerings. (prospectus)
  • The 3D-printed tissue developer had $50M in cash at the end of 2014, and no debt. Shares have fallen to $5.67 AH.

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