8:32AM Bacterin International enters into a definitive securities purchase agreement with both existing and new investors to purchase 8.51 mln unregistered shares of its common stock and warrants to purchase ~ 4.25 mln shares of its common stock (BONE) 0.63 : Co announced that it has entered into a definitive securities purchase agreement with both existing and new investors to purchase 8.51 million unregistered shares of its common stock and warrants to purchase approximately 4.25 million shares of its common stock.
Upon closing, the transaction will result in gross proceeds to Bacterin International of ~$4.85 million, before deducting placement agents' fees and offering expenses. Proceeds from the transaction will be used to fund the Company's operations and working capital requirements.
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