Intraoperative neuromonitoring company Assure Holdings closed a $4.75 million private placement, according to a Nov. 15 news release.
The company issued about 900,000 shares at an issue price of $5.25 per share. The net proceeds are expected to be used for Assure Holdings' systemwide contract with Premier, a neurology services platform.
Assure Holdings has grown into 12 states, with the most recent partnership expanding it into Nevada.