Avadim Technologies Obtains $1,940,500 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2000d46e-c28b-4bf7-ba07-637f674593cc
Date
1/22/2016
Company Name
Avadim Technologies
Mailing Address
81 Thompson St. Asheville, NC 28801 USA
Company Description
Avadim Technologies,Inc was formed in 2007 in hopes of providing the healthcare community a variety of Therapeutic Skin Care products. The mission of Avadim Technologies, Inc is to provide innovative, evidence based, therapeutic skin care products. The vision is to become one of the leading therapeutic skin care companies in North America.
Website
http://www.theraworx.com
Transaction Type
Venture Equity
Transaction Amount
$1,940,500
Transaction Round
Undisclosed
Proceeds Purposes
Total Offering Amount represents the price of 776,200 shares @ $2.50 per share issued pursuant to a private placement. Proceeds purposes were not disclosed. 70 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed