Brief: Titan Medical Announces Filing Of Amended And Restated Preliminary Prospectus

Conavi Medical

15/10/2019 22:45

Oct 15 (Reuters) - Titan Medical Inc  TMD.TO :
    * TITAN MEDICAL ANNOUNCES FILING OF AMENDED AND RESTATED
PRELIMINARY PROSPECTUS AND WITHDRAWAL OF PREVIOUSLY PUBLISHED
MILESTONES
    * TITAN MEDICAL - FILED & BEEN RECEIPTED FOR AMENDED &
RESTATED
PRELIMINARY SHORT FORM PROSPECTUS WITH SECURITIES REGULATORS IN
PROVINCES OF ONTARIO
    * TITAN MEDICAL - ALSO FILED FOR AMENDED & RESTATED
PRELIMINARY
SHORT FORM PROSPECTUS WITH SECURITIES REGULATORS IN PROVINCES OF
BRITISH COLUMBIA, ALBERTA
    * TITAN MEDICAL - FILING IS IN CONNECTION WITH PROPOSED
MARKETED
OFFERING OF UNITS FOR TOTAL GROSS PROCEEDS OF MINIMUM OF $15
MILLION AND MAXIMUM OF $25 MILLION
    * TITAN MEDICAL INC - WITHDRAWING ALL FORECASTS WITH RESPECT
TO
COST AND TIMING OF DEVELOPMENT OF ITS ROBOTIC SURGICAL SYSTEM
BEYOND Q4 OF 2019
    * TITAN MEDICAL - LACK OF FINANCING HAS CAUSED ITS PRIMARY
PRODUCT
DEVELOPMENT SUPPLIER TO LIMIT DEVELOPMENT WORK ON COMPANY'S
ROBOTIC SURGICAL SYSTEM
    * TITAN MEDICAL INC - PRIMARY PRODUCT DEVELOPMENT SUPPLIER
HAS
ALSO TERMINATED EMPLOYMENT OR ENGAGEMENT OF SIGNIFICANT NUMBER
OF EMPLOYEES, CONTRACTORS

Source text for Eikon:  ID:nBw6vhWWwa 
Further company coverage:  TMD.TO 

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