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MRI Interventions registers $15 million of stock for public units sale
Bookrunner Roth Capital Partners and co-manager Chardan will assist
By Devika Patel
Knoxville, Tenn., May 26 – MRI Interventions, Inc. will price a public offering of units with a 15%, 45-day greenshoe, according to a Form S-1 filed Thursday with the Securities and Exchange Commission. The company has registered up to $15 million of stock.
The units consist of common shares and five-year warrants.
Roth Capital Partners is the bookrunning manager, and Chardan is the co-manager.
Proceeds will be used for working capital and other general corporate purposes.
Based in Memphis, MRI Interventions develops systems for minimally invasive surgical procedures in the brain and heart.
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