Monday, March 02, 2015 9:21:55 AM
Good luck to those holding.
Organovo -4.2% after filing $190M mixed shelf • 7:14 PM Friday 27th
Eric Jhonsa, SA News Editor
Shortly after CEO Keith Murphy suggested another capital raise is on the way to help his company grow its R&D investments, Organovo (NYSEMKT:ONVO) has filed to raise up to $190M via future stock, debt, and/or warrant offerings. (prospectus)
The 3D-printed tissue developer had $50M in cash at the end of 2014, and no debt. Shares have fallen to $5.67 AH.
Rayank
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