Neovasc (NVCN) Tops Q3 EPS by 1c, Miss on Revenues
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Neovasc (NVCN) Prices 6.609M Series A Unit and 19.07M Series B Unit Common Share/Warrant Offering at $1.46/Unit
November 10, 2017 5:38 AM ESTNeovasc Inc. (NASDAQ: NVCN) today announced that it has priced an underwritten offering of 6,609,588 Series A units (the "Series A Units") of Neovasc and 19,066,780 Series B units (the "Series B Units" and together with the Series A Units, the "Units") of the Company, at a price of US$1.46 per Unit for gross proceeds of approximately US$37.487 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Neovasc (the "Offering"). The price of US$1.46 per Unit represents the market price (as defined in the TSX Company Manual) of Neovasc's... More
