Aurora Spine Earns Nearly $10M in Private Placement of Common Shares

Aurora Spine has completed its private placement of common shares. The offering, which is being led by Clarus Securities, is for 3,173,936 common shares at a price of $3.15 per share, which would bring $9,997,898.40 in gross proceeds. Aurora Spine also paid a cash commission to Clarus of 5.5 percent of the gross proceeds.

Proceeds will go toward manufacturing, sales and marketing of the ZIP device.

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