CHF Solutions, Inc. (CHFS) Prices 1.22M Share Registered Direct Offering at $1.12/Sh

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CHF Solutions, Inc. Announces Pricing of Registered Direct Offering Priced At-the-Market

November 4, 2019 9:18 AM EST

EDEN PRAIRIE, Minn., Nov. 04, 2019 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (CHF Solutions or the Company) (NASDAQ: CHFS) today announced the pricing of a registered direct offering of 1,219,076 shares of its common stock (or common equivalents) at a price to the public of $1.12 per share, for gross proceeds of approximately $1.36 million prior to deduction of commissions and offering expenses payable by CHF Solutions.  In a concurrent private placement, the Company agreed to issue to the investors in the registered direct offering unregistered warrants to purchase up to 1,219,076 shares of the Companys common stock.

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