Viveve Medical: Hits record low on stock offering

Viveve Medical

19/08/2019 15:15

** Medical device maker's shares  VIVE.O  slide ~12% to hit
their lowest level at 11 cents
    **  Co enters into agreement with Ladenburg Thalmann & Co.
Inc. to sell shares of its common stock for an aggregate
offering price of up to $6.8 mln  urn:newsml:reuters.com:*:nFWN25C085
    ** Offering done through an "at the market" equity offering
program under which Ladenburg will act as VIVE's sales agent -
VIVE 
    ** Stock among biggest pct losers among U.S. exchanges
    ** Including Monday's drop, stock down ~89% this year

 (Reporting by Aakash Jagadeesh Babu in Bengaluru)
 ((Aakash.B@thomsonreuters.com; within the U.S. +16462238780,
outside the U.S. +91  80 67491576; Twitter: @JagadeeshAakash;))