Spineway's capital boosts nearly $1.49M — 5 notes

Spinal Tech

Spineway's capital increased nearly $1.49 million on Nov. 18, 2016.

Here are five notes:

 

1. Spineway boosted its reserve capital by issuing shares with attached warrants for a total of about $1.49 million.

 

2. China-based TINAVI Medical Technologies paid for the issue of 355,260 new Spineway shares, totaling €1.4 million.

 

3. TINAVI Medical Technologies holds 9.09 percent of Spineway's capital, now.

 

4. TINAVI also holds 5.04 percent of Spineway's voting rights.

 

5. Spineway develops implants and instruments for treating vertebral issues.

 

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