Dec 27 (Reuters) - Minerva Surgical Inc UTRS.O :
* MINERVA SURGICAL ANNOUNCES $30 MILLION PRIVATE PLACEMENT
OF
COMMON STOCK LED BY ACCELMED PARTNERS
* MINERVA SURGICAL INC - WITH PROCEEDS FROM PRIVATE
PLACEMENT,
MINERVA SURGICAL EXPECTS TO EXTEND ITS CASH RUNWAY FOR AT LEAST
NEXT 12 MONTHS
* MINERVA SURGICAL - HAS ENTERED INTO A SHARE PURCHASE
AGREEMENT
FOR SALE OF 146.6 MILLION SHARES OF COMMON STOCK IN PRIVATE
PLACEMENT LED BY ACCELMED
* MINERVA SURGICAL INC - AFTER THE OFFERING, ACCELMED WILL
BECOME
CONTROLLING STOCKHOLDER OF MINERVA SURGICAL
Source text for Eikon: ID:nGNXbS70Rp
Further company coverage: UTRS.O
((Reuters.Briefs@thomsonreuters.com;))