Covalon Engages Advisors to Pursue Strategic Acquisitions

CathWorks FFRangio™ System Receives National Reimbursement Approval in Japan

CathWorks announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has approved the application to provide reimbursement for the CathWorks FFRangio™ System,...

Levine Leichtman Capital Partners Sells FlexXray

Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has sold its portfolio company FlexXray Holdings, LLC ("FlexXray" or...

Covalon Technologies Ltd. (the “Company” or “Covalon“) (TSXV: COV), an advanced medical technologies company, today announced that it has engaged MPA Morrison Park Advisors Inc. (“MPA”) as a financial advisor to help the Company accelerate its growth and expansion by pursuing strategic acquisitions and enhance the Company’s profile in the capital markets and investment community.

As partial compensation for the services to be provided, the Company has agreed to issue MPA a total of 120,000 warrants of the Company (“Warrants”) in two equal tranches at six and nine months following commencement of MPA’s engagement. The Warrants will each be convertible into one common share of the Company at an exercise price equal to the then current market price of common shares on the date of issuance, and will expire three years from date of issuance. The issuance of the Warrants is subject to approval of the TSX Venture Exchange.



Asensus Surgical Appoints Two New Board Members

Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient to pioneer a new era of Performance-Guided Surgery™, today announced the expansion of its Board of Directors, appointing...

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