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Tag: Capital Raise

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Oventus raises millions

May 11, 2021HME News Staff

BRISBANE, Australia – Oventus Medical has firm commitments from institutional and sophisticated investors for a two-tranche placement of ordinary shares to raise about $5 million. The company has also launched a fully underwritten 1 for 4.4 pro-rata, non-renounceable entitlement offer to raise another $5 million. “We thank all those investors who showed strong support for the company through the placement, despite the challenges brought about by sustained lockdowns...

Capital Raise, Funding, Oventus Medical

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DME Express raises capital for expansion

December 20, 2016HME News Staff

BATON ROUGE, La. - DME Express, a DME provider to hospice and nursing facilities in the Southeast, has secured an undisclosed amount of growth equity financing from WayPoint Capital Partners, it announced Dec. 19.Concurrent with the financing, DME Express has also secured a significantly expanded credit facility from its existing lender, Bank of Oklahoma.Funds will be used to support the company's rapid growth and its continued expansion.“This capital raise will enable DME Express to continue...

Capital Raise, DME Express, Expansion, Private Equity

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