Nephros announces $2.9M private placement

Apr. 11, 2018 8:45 AM ETNephros, Inc. (NEPH)By: Mamta Mayani, SA News Editor1 Comment
  • Nephros (NASDAQ:NEPH) has completed a private placement in which it sold ~6.5M shares of common stock at a purchase price of $0.45 per share for gross proceeds of over $2.9M.
  • The private placement was led by the Pessin family, and included other accredited investors as well as Nephros management.

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