By Sheri Kasprzak
New York, July 5 - Medicsight, Inc. wrapped a private placement for $1.44 million.
The company sold 360,000 shares at $4.00 apiece.
Proceeds from the offering will be used for ongoing operations and for property and equipment acquisitions.
Based in London, Medicsight develops computer-aided detection software used in the medical imaging sector.
| Issuer: | Medicsight, Inc.
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| Issue: | Stock
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| Amount: | $1.44 million
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| Shares: | 360,000
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| Price: | $4.00
|
| Warrants: | No
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| Settlement date: | July 3
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| Stock symbol: | Amex: MGT
|
| Stock price: | $4.42 at close July 3
|
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