Acusphere closes financing

Ultrasound contrast developer Acusphere has completed the second and final closing of a previously announced $21.5 million private placement.

The sale consists of newly issued shares of common stock and the concurrent issuance of warrants for the purchase of additional shares of common stock. The company made the placement to institutional and accredited investors, yielding aggregate gross proceeds of $3.6 million, according to the Watertown, MA-based firm.

By staff writers
October 25, 2004

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New financing for Acusphere, October 18, 2004

Acusphere adds to coffers, August 3, 2004

Acusphere leases manufacturing facility, July 23, 2004

Acusphere, Nycomed ink European partnership, July 7, 2004

Ultrasound firm Acusphere launches IPO, October 15, 2003

Copyright © 2004

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