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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:23 EDTNSPRFDA Anesthesiology & Respiratory Therapy Devices Panel Meeting
The panel discusses, makes recommendations and votes on information related to Inspire Medical Systems' Premarket Approval Application (PMA) regarding the Company's Inspire II Upper Airway Stimulator in a meeting being held at FDA Silver Spring, Maryland offices on February 20 at 8 am. Webcast Link
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March 4, 2015
09:08 EDTNSPROn The Fly: Pre-market Movers
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08:00 EDTNSPRInspireMD announces $13.5M public offering
InspireMD announced that it has entered into a definitive agreement to sell up to approximately 34 million shares of common stock and warrants to purchase up to approximately 34M shares of common stock in a public offering. The common stock will be sold at a negotiated purchase price of 40c per share, and each purchaser will receive a warrant to purchase one share of common stock for each share of common stock that it purchases in the offering. The warrants shall be exercisable immediately and have a term of exercise of five years from the date of issuance and an exercise price of 55c. The Company expects to receive gross proceeds from the offering of approximately $13.5M, before deducting placement agents' fees and estimated offering expenses. H.C. Wainwright & Co., LLC, is serving as the sole bookrunner for this offering. Dawson James Securities, Inc. is serving as co-manager.
March 3, 2015
16:18 EDTNSPRInspireMD files to sell common stock and warrants, no amount given
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