VertiFlex Receives $26,825,680 New Financing Round

  • Feed Type
  • Date
    1/13/2016
  • Company Name
    VertiFlex
  • Mailing Address
    1351 Calle Avanzado San Clemente, CA 92673 USA
  • Company Description
    VertiFlex is a privately held medical device company dedicated to the advancement of minimally invasive solutions for the treatment of lumbar spinal stenosis(LSS), which is the leading cause of spinal surgery in the elderly. Our focus is to resolve the pain of LSS, helping patients regain active and productive lifestyles.
  • Website
    http://www.vertiflexspine.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $26,825,680
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    $10,500,000 new cash, $16,220,680 conversion of debt, $105,000 upon exercise of warrants. Proceeds purposes were not disclosed. 8 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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