Aegis Capital Corp. acted as Sole Bookrunner on a $6,000,000 Follow-On Offering for Avinger Inc. (NASDAQ:AVGR)
Aegis Capital Corp. has successfully acted as the Sole Bookrunner for a $6,000,000 Follow-On Offering for Avinger Inc. (NASDAQ:AVGR), a company specializing in medical devices for Peripheral Artery Disease (PAD). Avinger's innovative Lumivascular platform aims to transform vascular disease treatment with its unique catheter-based systems, beneficial for the estimated 12 million people in the U.S. affected by PAD. The offering highlights Avinger's ongoing commitment to improving patient care in this growing market.
- Successful $6,000,000 Follow-On Offering enhances Avinger's financial position.
- Avinger's Lumivascular platform addresses a significant healthcare need, as PAD affects over 12 million people in the U.S.
- None.
NEW YORK, NY / ACCESSWIRE / August 10, 2020 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Avinger Inc.
Avinger is a commercial-stage medical device company that designs and develops the first and only image-guided, catheter-based system for the diagnosis and treatment of patients with Peripheral Artery Disease (PAD). PAD is estimated to affect over 12 million people in the U.S. and over 200 million worldwide. Avinger is dedicated to radically changing the way vascular disease is treated through its Lumivascular platform, which currently consists of the Lightbox imaging console, the Ocelot family of chronic total occlusion (CTO) catheters, and the Pantheris® family of atherectomy devices. Avinger is based in Redwood City, California. For more information, please visit www.avinger.com.
About Aegis Capital Corp.
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services.
For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010.
This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC.
SOURCE: Aegis Capital Corp.
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FAQ
What was the amount raised in Avinger Inc.'s recent follow-on offering?
Who acted as the bookrunner for Avinger Inc.'s offering?
What is the focus of Avinger Inc.'s Lumivascular platform?
How many people in the U.S. are estimated to be affected by Peripheral Artery Disease?
What type of medical devices does Avinger Inc. develop?
