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Cell Robotics Completes Private Placement

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ALBUQUERQUE, N.M., Feb. 28 -- Cell Robotics International has announced the completion of a non-brokered, $1.08-million private placement involving 450,000 shares of the company's common stock. The transaction also included an option to purchase an additional 50,000 shares of common stock under the same terms during the next eight weeks. In addition, the investor is to be appointed to the current board of directors and to be nominated to the board of directors for vote by the shareholders at the company's annual meeting in May 2000. Cell Robotics described the investor as an experienced...Read full article

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    Published: February 2000
    industrialNews & Features

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