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Cardium Completes $3.5 Million Credit Facility.

Publication: PR Newswire
Publication Date: 05-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SAN DIEGO, March 5 /PRNewswire-FirstCall/ -- Cardium Therapeutics (NYSE Alternext US: CXM) today announced the completion of a $3.5 million credit facility in the form of debt with accompanying warrants to purchase shares of common stock. Empire Asset Management Company acted as financial advisor and sole placement agent for the transaction. The material terms of the credit facility are described in more detail in the Company's Current Report on Form 8-K to be filed with the Securities and Exchange Commission.



(Logo: http://www.newscom.com/cgi-bin/prnh/20051018/CARDIUMLOGO) About Cardium

Cardium Therapeutics, Inc. and its subsidiaries, InnerCool Therapies, Inc. and the Tissue Repair Company, are medical technology companies primarily focused on the development, manufacture and sale of innovative therapeutic products and devices for cardiovascular, ischemic and...



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