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Amedica Corp.
Amedica raises $16.8M in series C preferred stock financing
April 8th, 2006
Amedica Corp., a developer of orthopedic devices, announced that it has successfully completed a private placement of its Series C Convertible Preferred Stock, raising the full $16.8 million in gross proceeds it sought. With the closing of this financing round, Amedica has raised over $31 million since November 2003. Creation Capital LLC served as the sole placement agent for the financing. Amedica plans to use the proceeds to begin the rollout of its first products in the fourth quarter of 2006; continue the development and expansion of its manufacturing facilities for medical ceramics; continue advancing development of its product pipeline,...
Source: Law & Health Weekly (2006-04-08)
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