Corindus Vascular secures $45M capital raise

|About: Corindus Vascular Robo... (CVRS)|By:, SA News Editor

Thinly traded nano cap Corindus Vascular Robotics (NYSEMKT:CVRS) inks an agreement for the private placement of 67,941,346 shares of common stock at $0.6616 per share. Gross proceeds will be ~$45M. Closing date is March 15.

Net proceeds will be used for general corporate purposes including the commercialization of the CorPath GRX system.

Yesterday's close was $0.6616.