Kips Bay Medical (KIPS) Prices 10M Offering; Sees Proceeds of $6.5M

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Kips Bay Medical (KIPS) Closes 10M Offering

December 28, 2012 2:01 PM EST

Kips Bay Medical, Inc. (Nasdaq: KIPS) has closed its previously announced offering of 10,000,000 shares of its common stock for total gross proceeds of $6.5 million. After the closing of the offering, Kips Bay now has 26,346,079 shares of common stock outstanding.

Kips Bay received aggregate net... More