Titan Medical shares rise as strategic review begins

Conavi Medical

30/11/2022 16:21

** U.S.-listed shares of Titan Medical  TMDI.O  up ~17% at
45 cents 
    ** Medical device maker says its board is considering a
strategic review of the company, including a corporate sale or
merger 
    ** Adds that it has engaged Raymond James as financial
advisor
    ** Co says has not set a timeline for completion of the
strategic review process
    ** Including session moves, TMDI down ~26% YTD 
 (Reporting by Bhanvi Satija in Bengaluru)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788;))