Assure Holdings, a provider of intraoperative neuromonitoring services, closed a brokered private placement of 900,000 shares generating gross proceeds of $4.75 million at $5.25 per share.
Assure anticipates another private placement for aggregate gross proceeds of up to $700,000.
The net proceeds of the latest offering are expected to be used to service the previously announced system-wide contract with Premier, expand the company’s remote neurology services platform, extend into new states and continue to build infrastructure that supports the company’s growth initiatives. Read more.
