Avinger (AVGR) Plans for Common Stock Offering
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Avinger (AVGR) Prices 8.57M Common Stock Offering at $3.50/Share
August 11, 2016 8:31 AM EDTAvinger, Inc. (Nasdaq: AVGR) announced the pricing of its public offering of 8,572,000 shares of its common stock at a price to the public of $3.50 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to 1,285,800 additional shares of its common stock. The Company expects to close the offering on August 16, 2016, subject to customary closing conditions.
The Company expects to use the net proceeds from the offering for general corporate purposes, including working... More
