RA Medical Systems (RMED)

NYSE
3.040
-0.070(-2.25%)
After Hours
3.100
+0.060(+1.974%)
- Real-time Data
  • Volume:
    70,049
  • Bid/Ask:
    3.080/3.100
  • Day's Range:
    3.000 - 3.122

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  • CARLSBAD, Calif.--(BUSINESS WIRE)--July 30, 2020-- Ra Medical Systems, Inc. ("Ra Medical") (NYSE: RMED), a commercial-stage medical device company leveraging its advanced excimer laser-based platform for use in the treatment of vascular and dermatological immune-mediated inflammatory diseases, today announced that it has priced a public offering of an aggregate of 34,285,714 shares of common stock (or common stock equivalents), together with accompanying warrants to purchase up to an aggregate of 34,285,714 shares of common stock, at a public offering price of $0.35 per share and accompanying warrant. Each share of common stock (or common stock equivalent) will be sold in the offering with one warrant to purchase one share of common stock. The warrants have an exercise price of $0.35 per share, are immediately exercisable, and expire five years following the date of issuance.
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