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ViewRay, Inc. (VRAY) Enters $13.75M Common Stock Private Placement

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ViewRay Announces $13.75 Million Private Placement

August 19, 2016 5:51 PM EDT

CLEVELAND, Aug. 19, 2016 /PRNewswire/ -- ViewRay, Inc. (Nasdaq: VRAY) announced today that it has entered into a definitive agreement in connection with a private placement of its common stock and warrants that is expected to result in gross proceeds to the Company of approximately $13.75 million. The financing is being led by certain of the Company's existing investors, including OrbiMed Advisors, LLC; Xeraya Capital; and Kearny Venture Partners. It also includes investments from two independent members of the Company's Board of Directors along with an equity investment from CRG, which has an existing Term... More