Worldheart In $30M Recap
Oakland-based World Heart Corporation, a developer of mechanical blood pumps, said Monday that the firm has recapitalized the firm, with a $30M investment by the firm's investors. According to WorldHeart, venture capital firm Venrock will invest approximately $10M, and Special Situations Fund will invest $9M, as part of the overall deal, which will also include its other investors. WorldHeart was recently delisted from the Toronto Stock Exchange is has been warned about delisting on the Nasdaq.
posted on Monday, June 23, 2008
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