Congrats to VStock Transfer client on $21.3M Private Placement
- Dec 20, 2019
- 1 min read
NEW YORK, Dec. 20, 2019 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("DarioHealth" or the "Company"), a pioneer in the global digital therapeutics market, announced today that it has closed on a private placement of convertible preferred stock to institutional and private investors. The Company received aggregate gross proceeds of approximately $21.3 million, before deducting placement agent fees and other offering expenses payable by the Company.
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This is seriously impressive news – congratulations to the entire team on securing a 21.3M private placement. It really shows how strong the investor confidence is in what you are building. On a slightly different note, for anyone managing their own investments or stock transfers, I highly recommend saving the Robinhood phone number somewhere handy because their support team has been surprisingly helpful whenever I had account questions. Having that resource ready has saved me a lot of frustration over the years. Wishing you all continued success as you put this capital to great use.
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