Here are four notes:
1. The loan amounts to $1 million.
2. The company plans on using the funds from the loan for general corporate purposes.
3. The loan bears an interest of 9 percent per year, to be paid back in five years.
4. Recently, Aurora Spine granted stock options to the chairman of the company’s board of directors to acquire 1 million common shares of the company.
More articles on devices:
Zimmer Biomet celebrates 40 years of Oxford Partial Knee System use: 4 key takeaways
OrthoPediatrics releases PediLoc Infant LPF Plating System: 4 things to know
Global sports medicine devices market to reach $8.63B by 2020: 3 highlights
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